FY2027 Small Area FMR · Homer, OH

ZIP 43027 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 43027 (Homer, OH) is $1,350 a month, up 5.5% from FY2026. That is 16% below the Columbus, OH area-wide FMR of $1,602.

2-bedroom SAFMR$1,350per month ▲ 5.5%

Area-wide 2 BR FMR$1,602Columbus, OH

Rank in the area77thof 143 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,215

2 BR Small Area FMR$1,350

110% of SAFMR$1,485

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,040▲ 5.1%

1 BR$1,130▲ 6.6%

2 BR$1,350▲ 5.5%

3 BR$1,630▲ 3.8%

4 BR$1,820▲ 5.8%

FY2027 FY2026

Where 43027 sits in the Columbus, OH area

Of the 143 ZIP codes HUD lists for the area, 43027 has the 77th highest two-bedroom Small Area FMR. Columbus, OH is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,215 and $1,485 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,040	$936 – $1,144	$1,258	$990
1 bedroom	$1,130	$1,017 – $1,243	$1,346	$1,060
2 bedrooms	$1,350	$1,215 – $1,485	$1,602	$1,280
3 bedrooms	$1,630	$1,467 – $1,793	$1,909	$1,570
4 bedrooms	$1,820	$1,638 – $2,002	$2,172	$1,720

A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 a year to keep housing costs at 30% of income. The area median family income is $111,500 and the 80% low-income limit for four people is $89,200. ZIP code 43027 lies mainly in Licking County. See the Columbus, OH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
43080	Utica	4.7 mi	$1,350
43050	Mount Vernon	8.5 mi	$1,130
43013	Croton	9.1 mi	$1,450
43011	Centerburg	9.2 mi	$1,040
43071	Saint Louisville	9.7 mi	$1,270
43031	Johnstown	10.0 mi	$1,460

Questions

What is the Fair Market Rent for ZIP code 43027?

HUD's FY2027 Small Area Fair Market Rents for 43027 are $1,040 (studio), $1,130 (1 BR), $1,350 (2 BR), $1,630 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 43027?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 43027 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 43027?

The FY2026 income limits of the Columbus, OH area apply: median family income $111,500, low-income (80%) limit $89,200 for a family of four.