ZIP 45209 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 45209 in the Cincinnati, OH-KY-IN FMR area.

$1,370Efficiency
$1,4701 bedroom
$1,8802 bedrooms
$2,4703 bedrooms
$2,7904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,370$1,233$1,507$1,052
1 bedroom$1,470$1,323$1,617$1,128
2 bedrooms$1,880$1,692$2,068$1,442
3 bedrooms$2,470$2,223$2,717$1,897
4 bedrooms$2,790$2,511$3,069$2,141

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

Income in ZIP 45209

$101,613average adjusted gross income per tax return (2022)
$80,712average salaries and wages per return
5,930tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00014.2%
$25,000 to $50,00021.9%
$50,000 to $75,00021.9%
$75,000 to $100,00013.0%
$100,000 to $200,00019.9%
$200,000 or more9.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 45209?

HUD's FY2027 Small Area FMRs for ZIP 45209 (Cincinnati, OH-KY-IN) are $1,370 efficiency, $1,470 one bedroom, $1,880 two bedrooms, $2,470 three and $2,790 four bedrooms.

What payment standard can a housing authority set in ZIP 45209?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,692 to $2,068.

How affordable is rent in ZIP 45209?

Tax returns filed from ZIP 45209 reported an average adjusted gross income of $101,613 (2022). A two-bedroom unit at the Small Area FMR costs $22,560 a year, or 22% of that income.