FY2027 Small Area FMR · Walnut Creek, OH

ZIP 44687 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44687 (Walnut Creek, OH) is $1,320 a month, down 9.6% from FY2026. That is 32% above the Holmes County, OH area-wide FMR of $1,003.

2-bedroom SAFMR$1,320per month ▼ 9.6%

Area-wide 2 BR FMR$1,003Holmes County, OH

Rank in the area1stof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,188

2 BR Small Area FMR$1,320

110% of SAFMR$1,452

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

Studio$990▼ 10.0%

1 BR$1,000▼ 9.9%

2 BR$1,320▼ 9.6%

3 BR$1,620▼ 10.0%

4 BR$1,740▼ 9.8%

FY2027 FY2026

Where 44687 sits in the Holmes County, OH area

Of the 20 ZIP codes HUD lists for the area, 44687 has the 1st highest two-bedroom Small Area FMR. Holmes 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 $1,003 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,320 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	$990	$891 – $1,089	$758	$1,100
1 bedroom	$1,000	$900 – $1,100	$767	$1,110
2 bedrooms	$1,320	$1,188 – $1,452	$1,003	$1,460
3 bedrooms	$1,620	$1,458 – $1,782	$1,250	$1,800
4 bedrooms	$1,740	$1,566 – $1,914	$1,318	$1,930

A household renting a two-bedroom home at the Small Area FMR of $1,320 needs about $52,800 a year to keep housing costs at 30% of income. The area median family income is $97,100 and the 80% low-income limit for four people is $77,700. ZIP code 44687 lies mainly in Holmes County. See the Holmes County, OH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
44681	Sugarcreek	3.7 mi	$1,070
44610	Berlin	4.4 mi	$1,000
44690	Winesburg	5.4 mi	$1,000
44624	Dundee	5.7 mi	$1,080
43804	Baltic	6.1 mi	$1,190
44660	Mount Hope	6.7 mi	$1,000

Questions

What is the Fair Market Rent for ZIP code 44687?

HUD's FY2027 Small Area Fair Market Rents for 44687 are $990 (studio), $1,000 (1 BR), $1,320 (2 BR), $1,620 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 44687?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44687 that range is $1,188 to $1,452 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44687?

The FY2026 income limits of the Holmes County, OH area apply: median family income $97,100, low-income (80%) limit $77,700 for a family of four.