FY2027 Small Area FMR · Lorain, OH

ZIP 44053 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44053 (Lorain, OH) is $1,060 a month, down 1.9% from FY2026. That is 17% below the Cleveland, OH area-wide FMR of $1,274.

2-bedroom SAFMR$1,060per month ▼ 1.9%

Area-wide 2 BR FMR$1,274Cleveland, OH

Rank in the area109thof 126 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$770▼ 2.5%

1 BR$870▼ 2.2%

2 BR$1,060▼ 1.9%

3 BR$1,350▼ 2.9%

4 BR$1,460▼ 2.0%

FY2027 FY2026

Where 44053 sits in the Cleveland, OH area

Of the 126 ZIP codes HUD lists for the area, 44053 has the 109th highest two-bedroom Small Area FMR. Cleveland, 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 $1,274 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$770	$693 – $847	$924	$790
1 bedroom	$870	$783 – $957	$1,050	$890
2 bedrooms	$1,060	$954 – $1,166	$1,274	$1,080
3 bedrooms	$1,350	$1,215 – $1,485	$1,628	$1,390
4 bedrooms	$1,460	$1,314 – $1,606	$1,756	$1,490

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $105,000 and the 80% low-income limit for four people is $84,000. ZIP code 44053 lies mainly in Lorain County. See the Cleveland, OH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
44052	Lorain	3.7 mi	$1,130
44001	Amherst	4.5 mi	$1,190
44055	Lorain	4.8 mi	$1,110
44035	Elyria	6.3 mi	$1,150
44054	Sheffield Lake	7.7 mi	$1,310
44089	Vermilion	8.2 mi	$1,390

Questions

What is the Fair Market Rent for ZIP code 44053?

HUD's FY2027 Small Area Fair Market Rents for 44053 are $770 (studio), $870 (1 BR), $1,060 (2 BR), $1,350 (3 BR) and $1,460 (4 BR) a month.

What is the Section 8 payment standard in 44053?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44053 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44053?

The FY2026 income limits of the Cleveland, OH area apply: median family income $105,000, low-income (80%) limit $84,000 for a family of four.