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FY2017 Hypothetical Small Area FMRs For Cuyahoga 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.

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

Cuyahoga County, OH Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
44017 $500 $590 $740 $970 $1,030 0.950
44022 $780 $940 $1,170 $1,540 $1,630 1.624
44040 $520 $620 $770 $1,010 $1,070 0.987
44070 $560 $670 $840 $1,100 $1,170 1.070
44101 $520 $620 $770 $1,010 $1,070 0.987
44102 $470 $560 $700 $920 $970 0.893
44103 $460 $550 $680 $890 $950 0.836
44104 $460 $550 $680 $890 $950 0.811
44105 $480 $570 $710 $930 $990 0.912
44106 $530 $630 $790 $1,040 $1,100 1.008
44107 $490 $590 $730 $960 $1,020 0.928
44108 $500 $600 $750 $990 $1,040 0.960
44109 $470 $560 $700 $920 $970 0.889
44110 $460 $550 $690 $910 $960 0.878
44111 $480 $580 $720 $950 $1,000 0.914
44112 $460 $550 $680 $890 $950 0.866
44113 $560 $670 $840 $1,100 $1,170 1.075
44114 $560 $670 $840 $1,100 $1,170 1.078
44115 $460 $550 $680 $890 $950 0.837
44116 $540 $640 $800 $1,050 $1,110 1.026
44117 $460 $550 $680 $890 $950 0.870
44118 $620 $750 $930 $1,220 $1,300 1.187
44119 $560 $670 $830 $1,090 $1,160 1.059
44120 $500 $600 $750 $990 $1,040 0.957
44121 $580 $690 $860 $1,130 $1,200 1.104
44122 $750 $900 $1,120 $1,470 $1,560 1.433
44123 $510 $610 $760 $1,000 $1,060 0.967
44124 $590 $710 $880 $1,160 $1,230 1.124
44125 $540 $650 $810 $1,060 $1,130 1.039
44126 $480 $570 $710 $930 $990 0.909
44127 $480 $580 $720 $950 $1,000 0.917
44128 $530 $630 $790 $1,040 $1,100 1.008
44129 $510 $610 $760 $1,000 $1,060 0.974
44130 $520 $620 $770 $1,010 $1,070 0.982
44131 $680 $820 $1,020 $1,340 $1,420 1.306
44132 $560 $670 $840 $1,100 $1,170 1.080
44133 $530 $630 $790 $1,040 $1,100 1.005
44134 $520 $620 $770 $1,010 $1,070 0.986
44135 $550 $660 $820 $1,080 $1,140 1.052
44136 $510 $610 $760 $1,000 $1,060 0.973
44137 $560 $670 $840 $1,100 $1,170 1.074
44138 $600 $710 $890 $1,170 $1,240 1.134
44139 $720 $860 $1,070 $1,410 $1,490 1.371
44140 $720 $870 $1,080 $1,420 $1,500 1.382
44141 $780 $940 $1,170 $1,540 $1,630 1.771
44142 $580 $700 $870 $1,140 $1,210 1.117
44143 $530 $630 $790 $1,040 $1,100 1.007
44144 $480 $570 $710 $930 $990 0.912
44145 $670 $800 $1,000 $1,310 $1,390 1.275
44146 $500 $600 $750 $990 $1,040 0.965
44147 $580 $690 $860 $1,130 $1,200 1.100
44149 $750 $900 $1,120 $1,470 $1,560 1.428
44181 $520 $620 $770 $1,010 $1,070 0.987

* 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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