ZIP 41015 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41015 in the Cincinnati, OH-KY-IN FMR area.

$960Efficiency
$1,0301 bedroom
$1,3202 bedrooms
$1,7403 bedrooms
$1,9604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$960$864$1,056$1,052
1 bedroom$1,030$927$1,133$1,128
2 bedrooms$1,320$1,188$1,452$1,442
3 bedrooms$1,740$1,566$1,914$1,897
4 bedrooms$1,960$1,764$2,156$2,141

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

Income in ZIP 41015

$73,695average adjusted gross income per tax return (2022)
$53,317average salaries and wages per return
9,990tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.3%
$25,000 to $50,00026.0%
$50,000 to $75,00015.8%
$75,000 to $100,0009.3%
$100,000 to $200,00015.6%
$200,000 or more4.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41015?

HUD's FY2027 Small Area FMRs for ZIP 41015 (Cincinnati, OH-KY-IN) are $960 efficiency, $1,030 one bedroom, $1,320 two bedrooms, $1,740 three and $1,960 four bedrooms.

What payment standard can a housing authority set in ZIP 41015?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,188 to $1,452.

How affordable is rent in ZIP 41015?

Tax returns filed from ZIP 41015 reported an average adjusted gross income of $73,695 (2022). A two-bedroom unit at the Small Area FMR costs $15,840 a year, or 21% of that income.