FY2027 Small Area FMR · Carey, OH
ZIP 43316 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 43316 (Carey, OH) is $1,040 a month, down 1.0% from FY2026. That is 13% below the Hancock County, OH area-wide FMR of $1,189.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 43316 sits in the Hancock County, OH area
Of the 25 ZIP codes HUD lists for the area, 43316 has the 19th highest two-bedroom Small Area FMR. Hancock County, OH is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,189 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 for this ZIP code instead.
ZIP code 43316 crosses more than one HUD area. HUD also lists it under Seneca County, OH (same figures) and Wyandot County, OH (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $790 | $711 – $869 | $828 | $800 |
| 1 bedroom | $810 | $729 – $891 | $909 | $860 |
| 2 bedrooms | $1,040 | $936 – $1,144 | $1,189 | $1,050 |
| 3 bedrooms | $1,340 | $1,206 – $1,474 | $1,546 | $1,340 |
| 4 bedrooms | $1,530 | $1,377 – $1,683 | $1,752 | $1,530 |
A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $105,900 and the 80% low-income limit for four people is $82,700. ZIP code 43316 lies mainly in Wyandot County, Seneca County and Hancock County. See the Hancock County, OH county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 43316?
HUD's FY2027 Small Area Fair Market Rents for 43316 are $790 (studio), $810 (1 BR), $1,040 (2 BR), $1,340 (3 BR) and $1,530 (4 BR) a month.
What is the Section 8 payment standard in 43316?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 43316 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 43316?
The FY2026 income limits of the Hancock County, OH area apply: median family income $105,900, low-income (80%) limit $82,700 for a family of four.