ZIP 44847 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 44847 in the Erie County, OH FMR area.

Erie County, OH

$940Efficiency

$9501 bedroom

$1,2102 bedrooms

$1,5103 bedrooms

$1,8204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$940	$846	$1,034	$927
1 bedroom	$950	$855	$1,045	$977
2 bedrooms	$1,210	$1,089	$1,331	$1,221
3 bedrooms	$1,510	$1,359	$1,661	$1,531
4 bedrooms	$1,820	$1,638	$2,002	$1,702

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

Huron County, OH

$940Efficiency

$9501 bedroom

$1,2102 bedrooms

$1,5103 bedrooms

$1,8204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$940	$846	$1,034	$784
1 bedroom	$950	$855	$1,045	$789
2 bedrooms	$1,210	$1,089	$1,331	$1,003
3 bedrooms	$1,510	$1,359	$1,661	$1,258
4 bedrooms	$1,820	$1,638	$2,002	$1,535

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

Income in ZIP 44847

$65,483average adjusted gross income per tax return (2022)

$44,067average salaries and wages per return

1,850tax returns filed

22%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	23.2%
$25,000 to $50,000	26.5%
$50,000 to $75,000	20.0%
$75,000 to $100,000	11.9%
$100,000 to $200,000	15.7%
$200,000 or more	2.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 44847?

HUD's FY2027 Small Area FMRs for ZIP 44847 (Erie County, OH) are $940 efficiency, $950 one bedroom, $1,210 two bedrooms, $1,510 three and $1,820 four bedrooms.

What payment standard can a housing authority set in ZIP 44847?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,089 to $1,331.

How affordable is rent in ZIP 44847?

Tax returns filed from ZIP 44847 reported an average adjusted gross income of $65,483 (2022). A two-bedroom unit at the Small Area FMR costs $14,520 a year, or 22% of that income.