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FY2017 Hypothetical Small Area FMRs For Medina County, OH

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Medina County is part of the Cleveland-Elyria, OH MSA.

Medina County, OH Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
44136 $510 $610 $760 $1,000 $1,060 0.973
44203 $480 $560 $740 $950 $1,020 0.940
44212 $560 $670 $840 $1,100 $1,170 1.077
44214 $460 $550 $680 $890 $950 0.835
44215 $580 $700 $870 $1,140 $1,210 1.111
44217 $460 $550 $680 $890 $950 0.801
44230 $490 $590 $730 $960 $1,020 0.933
44233 $570 $680 $850 $1,120 $1,180 1.088
44235 $570 $680 $850 $1,120 $1,180 1.088
44251 $660 $790 $990 $1,300 $1,380 1.267
44253 $560 $670 $840 $1,100 $1,170 1.078
44254 $470 $560 $700 $920 $970 0.898
44256 $590 $710 $880 $1,160 $1,230 1.128
44258 $570 $680 $850 $1,120 $1,180 1.088
44270 $460 $550 $680 $890 $950 0.833
44273 $520 $620 $770 $1,010 $1,070 0.990
44274 $570 $680 $850 $1,120 $1,180 1.088
44275 $650 $780 $970 $1,280 $1,350 1.235
44280 $460 $550 $680 $890 $950 0.825
44281 $540 $650 $810 $1,060 $1,130 1.036
44287 $490 $590 $730 $960 $1,020 0.928
44321 $680 $780 $1,040 $1,340 $1,430 1.313
44333 $610 $710 $940 $1,210 $1,300 1.191
44880 $750 $900 $1,120 $1,470 $1,560 1.438

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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