FY2027 Small Area FMR · Cincinnati, OH

ZIP 45204 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 45204 (Cincinnati, OH) is $1,120 a month, up 9.8% from FY2026. That is 22% below the Cincinnati, OH-KY-IN area-wide FMR of $1,442.

2-bedroom SAFMR$1,120per month ▲ 9.8%

Area-wide 2 BR FMR$1,442Cincinnati, OH-KY-IN

Rank in the area155thof 184 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$820▲ 13.9%

1 BR$880▲ 11.4%

2 BR$1,120▲ 9.8%

3 BR$1,470▲ 8.9%

4 BR$1,660▲ 11.4%

FY2027 FY2026

Where 45204 sits in the Cincinnati, OH-KY-IN area

Of the 184 ZIP codes HUD lists for the area, 45204 has the 155th highest two-bedroom Small Area FMR. Cincinnati, OH-KY-IN 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 $1,008 and $1,232 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$820	$738 – $902	$1,052	$720
1 bedroom	$880	$792 – $968	$1,128	$790
2 bedrooms	$1,120	$1,008 – $1,232	$1,442	$1,020
3 bedrooms	$1,470	$1,323 – $1,617	$1,897	$1,350
4 bedrooms	$1,660	$1,494 – $1,826	$2,141	$1,490

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $109,900 and the 80% low-income limit for four people is $87,900. ZIP code 45204 lies mainly in Hamilton County. See the Cincinnati, OH-KY-IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
45203	Cincinnati	1.1 mi	$1,200
45214	Cincinnati	1.2 mi	$1,140
45205	Cincinnati	1.2 mi	$1,230
41016	Covington	1.3 mi	$1,300
45225	Cincinnati	2.5 mi	$1,140
45219	Cincinnati	2.6 mi	$1,740

Questions

What is the Fair Market Rent for ZIP code 45204?

HUD's FY2027 Small Area Fair Market Rents for 45204 are $820 (studio), $880 (1 BR), $1,120 (2 BR), $1,470 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 45204?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 45204 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 45204?

The FY2026 income limits of the Cincinnati, OH-KY-IN area apply: median family income $109,900, low-income (80%) limit $87,900 for a family of four.