FY2027 Small Area FMR · Beaverdam, OH

ZIP 45808 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 45808 (Beaverdam, OH) is $1,260 a month, up 6.8% from FY2026. That is 7% above the Lima, OH area-wide FMR of $1,179.

2-bedroom SAFMR$1,260per month ▲ 6.8%

Area-wide 2 BR FMR$1,179Lima, OH

Rank in the area2ndof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,134

2 BR Small Area FMR$1,260

110% of SAFMR$1,386

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

Studio$960▲ 7.9%

1 BR$960▲ 6.7%

2 BR$1,260▲ 6.8%

3 BR$1,520▲ 7.0%

4 BR$1,680▲ 5.7%

FY2027 FY2026

Where 45808 sits in the Lima, OH area

Of the 23 ZIP codes HUD lists for the area, 45808 has the 2nd highest two-bedroom Small Area FMR. Lima, 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 $1,179 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,260 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	$960	$864 – $1,056	$895	$890
1 bedroom	$960	$864 – $1,056	$901	$900
2 bedrooms	$1,260	$1,134 – $1,386	$1,179	$1,180
3 bedrooms	$1,520	$1,368 – $1,672	$1,418	$1,420
4 bedrooms	$1,680	$1,512 – $1,848	$1,571	$1,590

A household renting a two-bedroom home at the Small Area FMR of $1,260 needs about $50,400 a year to keep housing costs at 30% of income. The area median family income is $85,700 and the 80% low-income limit for four people is $70,300. ZIP code 45808 lies mainly in Allen County. See the Lima, OH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
45854	Lafayette	5.1 mi	$1,070
45801	Lima	5.3 mi	$1,150
45817	Bluffton	5.5 mi	$1,040
45820	Cairo	6.0 mi	$1,190
45830	Columbus Grove	8.6 mi	$1,200
45810	Ada	8.7 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 45808?

HUD's FY2027 Small Area Fair Market Rents for 45808 are $960 (studio), $960 (1 BR), $1,260 (2 BR), $1,520 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 45808?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 45808 that range is $1,134 to $1,386 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 45808?

The FY2026 income limits of the Lima, OH area apply: median family income $85,700, low-income (80%) limit $70,300 for a family of four.