ZIP 41003 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41003 in the Cincinnati, OH-KY-IN FMR area.

Cincinnati, OH-KY-IN

$730Efficiency

$8001 bedroom

$1,0102 bedrooms

$1,3803 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$1,052
1 bedroom	$800	$720	$880	$1,128
2 bedrooms	$1,010	$909	$1,111	$1,442
3 bedrooms	$1,380	$1,242	$1,518	$1,897
4 bedrooms	$1,540	$1,386	$1,694	$2,141

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Grant County, KY

$730Efficiency

$8001 bedroom

$1,0102 bedrooms

$1,3803 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$840
1 bedroom	$800	$720	$880	$899
2 bedrooms	$1,010	$909	$1,111	$1,146
3 bedrooms	$1,380	$1,242	$1,518	$1,365
4 bedrooms	$1,540	$1,386	$1,694	$1,692

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Harrison County, KY

$730Efficiency

$8001 bedroom

$1,0102 bedrooms

$1,3803 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$650
1 bedroom	$800	$720	$880	$725
2 bedrooms	$1,010	$909	$1,111	$909
3 bedrooms	$1,380	$1,242	$1,518	$1,259
4 bedrooms	$1,540	$1,386	$1,694	$1,389

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 41003

$56,183average adjusted gross income per tax return (2022)

$46,069average salaries and wages per return

1,030tax returns filed

22%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	28.2%
$25,000 to $50,000	27.2%
$50,000 to $75,000	18.4%
$75,000 to $100,000	10.7%
$100,000 to $200,000	15.5%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41003?

HUD's FY2027 Small Area FMRs for ZIP 41003 (Cincinnati, OH-KY-IN) are $730 efficiency, $800 one bedroom, $1,010 two bedrooms, $1,380 three and $1,540 four bedrooms.

What payment standard can a housing authority set in ZIP 41003?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 41003?

Tax returns filed from ZIP 41003 reported an average adjusted gross income of $56,183 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 22% of that income.