What is the Fair Market Rent in Shaker Heights, OH?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,210 to $1,850 a month across the 2 ZIP codes that cover Shaker Heights.

By ZIP code: 44120 $1,210, 44122 $1,850.

Across the whole Cleveland, OH HUD Metro FMR Area the two-bedroom figure is $1,274.

The Census Bureau’s median gross rent for a two-bedroom home in Shaker Heights is $1,230 (±$59), within its margin of the Small Area figure for ZIP 44120.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,274
2 bedrooms, ZIP 44120: $1,210
2 bedrooms, ZIP 44122: $1,850

Fair Market Rents for Shaker Heights, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Cleveland, OH HUD Metro FMR Area (whole area)	$924	$1,050	$1,274	$1,628	$1,756	—
ZIP 44120 (50% of the ZIP’s land is in this place)	$880	$1,000	$1,210	$1,550	$1,670	$931
ZIP 44122 (27% of the ZIP’s land is in this place)	$1,340	$1,530	$1,850	$2,360	$2,550	$1,602

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Shaker Heights

What is the Section 8 payment standard in Shaker Heights?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Cleveland, OH HUD Metro FMR Area is $1,274, and the Small Area figure for 44120 is $1,210.

What is the Fair Market Rent for a two-bedroom in ZIP 44120?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44120 is $1,210 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $931 (±$35).

What is the Fair Market Rent for a two-bedroom in ZIP 44122?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44122 is $1,850 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,602 (±$85).

What is the Fair Market Rent for a one-bedroom in Shaker Heights?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44120 is $1,000 a month, against $1,050 across the Cleveland, OH HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.