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FY2017 Hypothetical Small Area FMRs For Clermont 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.

Clermont County is part of the Cincinnati, OH-KY-IN MSA.

Clermont County, OH Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
45102 $520 $610 $800 $1,120 $1,310 0.998
45103 $490 $570 $750 $1,050 $1,230 0.934
45106 $500 $590 $770 $1,070 $1,260 0.961
45107 $500 $580 $760 $1,060 $1,240 0.942
45112 $530 $620 $810 $1,130 $1,320 1.006
45118 $580 $670 $880 $1,230 $1,440 1.094
45120 $440 $520 $680 $950 $1,110 0.833
45121 $470 $550 $720 $1,000 $1,180 0.894
45122 $590 $690 $910 $1,270 $1,490 1.128
45130 $500 $580 $760 $1,060 $1,240 0.941
45140 $670 $780 $1,020 $1,420 $1,670 1.264
45145 $530 $620 $810 $1,130 $1,320 1.006
45147 $530 $620 $810 $1,130 $1,320 1.006
45150 $500 $590 $770 $1,070 $1,260 0.961
45153 $690 $800 $1,050 $1,470 $1,720 1.300
45156 $480 $560 $740 $1,030 $1,210 0.923
45157 $560 $650 $860 $1,200 $1,400 1.070
45158 $460 $540 $710 $990 $1,160 0.884
45160 $440 $520 $680 $950 $1,110 0.824
45162 $500 $590 $770 $1,070 $1,260 0.963
45176 $480 $560 $730 $1,020 $1,190 0.903
45244 $590 $680 $900 $1,260 $1,470 1.115
45245 $580 $680 $890 $1,240 $1,450 1.106
45255 $610 $720 $940 $1,310 $1,540 1.166

* 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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