FY2027 Small Area FMR · Springfield, OH

ZIP 45504 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 45504 (Springfield, OH) is $1,210 a month, up 5.2% from FY2026. That is 4% above the Springfield, OH area-wide FMR of $1,160.

2-bedroom SAFMR$1,210per month ▲ 5.2%

Area-wide 2 BR FMR$1,160Springfield, OH

Rank in the area10thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$840▲ 6.3%

1 BR$920▲ 4.5%

2 BR$1,210▲ 5.2%

3 BR$1,500▲ 6.4%

4 BR$1,720▲ 5.5%

FY2027 FY2026

Where 45504 sits in the Springfield, OH area

Of the 24 ZIP codes HUD lists for the area, 45504 has the 10th highest two-bedroom Small Area FMR. Springfield, 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 $1,160 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 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	$840	$756 – $924	$808	$790
1 bedroom	$920	$828 – $1,012	$887	$880
2 bedrooms	$1,210	$1,089 – $1,331	$1,160	$1,150
3 bedrooms	$1,500	$1,350 – $1,650	$1,434	$1,410
4 bedrooms	$1,720	$1,548 – $1,892	$1,648	$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $83,700 and the 80% low-income limit for four people is $70,150. ZIP code 45504 lies mainly in Clark County. See the Springfield, OH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
45501	Springfield	3.1 mi	$1,160
45506	Springfield	3.1 mi	$1,220
45319	Donnelsville	4.7 mi	$1,050
45372	Tremont City	4.8 mi	$1,160
45349	North Hampton	5.0 mi	$1,740
45503	Springfield	5.0 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 45504?

HUD's FY2027 Small Area Fair Market Rents for 45504 are $840 (studio), $920 (1 BR), $1,210 (2 BR), $1,500 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 45504?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 45504 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 45504?

The FY2026 income limits of the Springfield, OH area apply: median family income $83,700, low-income (80%) limit $70,150 for a family of four.