FY2027 Small Area FMR · Newark, OH

ZIP 43055 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 43055 (Newark, OH) is $1,250 a month, up 11.6% from FY2026. That is 22% below the Columbus, OH area-wide FMR of $1,602.

2-bedroom SAFMR$1,250per month ▲ 11.6%

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

Rank in the area104thof 143 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,125

2 BR Small Area FMR$1,250

110% of SAFMR$1,375

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

Studio$980▲ 12.6%

1 BR$1,050▲ 12.9%

2 BR$1,250▲ 11.6%

3 BR$1,490▲ 11.2%

4 BR$1,690▲ 11.9%

FY2027 FY2026

Where 43055 sits in the Columbus, OH area

Of the 143 ZIP codes HUD lists for the area, 43055 has the 104th 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 $1,125 and $1,375 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$980	$882 – $1,078	$1,258	$870
1 bedroom	$1,050	$945 – $1,155	$1,346	$930
2 bedrooms	$1,250	$1,125 – $1,375	$1,602	$1,120
3 bedrooms	$1,490	$1,341 – $1,639	$1,909	$1,340
4 bedrooms	$1,690	$1,521 – $1,859	$2,172	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 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 43055 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
43071	Saint Louisville	4.3 mi	$1,270
43056	Heath	7.9 mi	$1,440
43080	Utica	8.8 mi	$1,350
43023	Granville	8.8 mi	$1,400
43030	Jacksontown	11.1 mi	$1,280
43822	Frazeysburg	11.5 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 43055?

HUD's FY2027 Small Area Fair Market Rents for 43055 are $980 (studio), $1,050 (1 BR), $1,250 (2 BR), $1,490 (3 BR) and $1,690 (4 BR) a month.

What is the Section 8 payment standard in 43055?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 43055 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 43055?

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.