FY2027 Small Area FMR · Nankin, OH

ZIP 44848 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44848 (Nankin, OH) is $1,000 a month, up 3.1% from FY2026. That is 0% equal to the Ashland County, OH area-wide FMR of $1,003.

2-bedroom SAFMR$1,000per month ▲ 3.1%

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

Rank in the area11thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$760▲ 11.8%

1 BR$850▲ 9.0%

2 BR$1,000▲ 3.1%

3 BR$1,340▲ 4.7%

4 BR$1,440▼ 2.0%

FY2027 FY2026

Where 44848 sits in the Ashland County, OH area

Of the 20 ZIP codes HUD lists for the area, 44848 has the 11th highest two-bedroom Small Area FMR. Ashland 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 $1,000 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	$760	$684 – $836	$758	$680
1 bedroom	$850	$765 – $935	$846	$780
2 bedrooms	$1,000	$900 – $1,100	$1,003	$970
3 bedrooms	$1,340	$1,206 – $1,474	$1,340	$1,280
4 bedrooms	$1,440	$1,296 – $1,584	$1,443	$1,470

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $89,900 and the 80% low-income limit for four people is $71,900. ZIP code 44848 lies mainly in Ashland County. See the Ashland County, OH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
44805	Ashland	3.8 mi	$1,000
44866	Polk	4.4 mi	$1,000
44874	Savannah	5.7 mi	$1,000
44859	Nova	7.5 mi	$1,020
44880	Sullivan	8.5 mi	$1,080
44287	West Salem	9.4 mi	$1,000

Questions

What is the Fair Market Rent for ZIP code 44848?

HUD's FY2027 Small Area Fair Market Rents for 44848 are $760 (studio), $850 (1 BR), $1,000 (2 BR), $1,340 (3 BR) and $1,440 (4 BR) a month.

What is the Section 8 payment standard in 44848?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44848 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44848?

The FY2026 income limits of the Ashland County, OH area apply: median family income $89,900, low-income (80%) limit $71,900 for a family of four.