ZIP 45015 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 45015 in the Cincinnati, OH-KY-IN FMR area.

$1,030Efficiency
$1,1001 bedroom
$1,4102 bedrooms
$1,8603 bedrooms
$2,0904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,030$927$1,133$1,052
1 bedroom$1,100$990$1,210$1,128
2 bedrooms$1,410$1,269$1,551$1,442
3 bedrooms$1,860$1,674$2,046$1,897
4 bedrooms$2,090$1,881$2,299$2,141

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

Income in ZIP 45015

$44,289average adjusted gross income per tax return (2022)
$36,945average salaries and wages per return
5,450tax returns filed
38%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.9%
$25,000 to $50,00036.0%
$50,000 to $75,00017.8%
$75,000 to $100,0007.3%
$100,000 to $200,0006.4%
$200,000 or more0.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 21.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 45015?

HUD's FY2027 Small Area FMRs for ZIP 45015 (Cincinnati, OH-KY-IN) are $1,030 efficiency, $1,100 one bedroom, $1,410 two bedrooms, $1,860 three and $2,090 four bedrooms.

What payment standard can a housing authority set in ZIP 45015?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,269 to $1,551.

How affordable is rent in ZIP 45015?

Tax returns filed from ZIP 45015 reported an average adjusted gross income of $44,289 (2022). A two-bedroom unit at the Small Area FMR costs $16,920 a year, or 38% of that income.