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FY2017 Hypothetical Small Area FMRs For Licking 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.

Licking County is part of the Columbus, OH MSA.

Licking County, OH Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
43001 $690 $820 $1,050 $1,340 $1,570 1.187
43008 $450 $540 $690 $880 $1,030 0.779
43011 $500 $590 $760 $970 $1,140 0.859
43013 $480 $570 $730 $930 $1,090 0.832
43018 $530 $630 $810 $1,030 $1,210 0.912
43023 $650 $770 $990 $1,260 $1,480 1.126
43025 $460 $540 $700 $890 $1,050 0.797
43030 $530 $630 $810 $1,030 $1,210 0.912
43031 $540 $640 $820 $1,050 $1,230 0.927
43033 $540 $640 $820 $1,050 $1,230 0.929
43046 $600 $710 $910 $1,160 $1,360 1.031
43055 $490 $580 $750 $960 $1,120 0.854
43056 $590 $690 $890 $1,140 $1,330 1.003
43058 $530 $630 $810 $1,030 $1,210 0.912
43062 $670 $790 $1,020 $1,300 $1,520 1.151
43068 $580 $680 $880 $1,120 $1,320 1.002
43071 $700 $820 $1,060 $1,350 $1,580 1.205
43073 $530 $630 $810 $1,030 $1,210 0.912
43074 $730 $860 $1,110 $1,420 $1,660 1.255
43076 $610 $720 $930 $1,190 $1,390 1.056
43080 $450 $530 $680 $870 $1,020 0.745
43147 $700 $830 $1,070 $1,370 $1,600 1.215
43721 $530 $630 $810 $1,030 $1,210 0.912
43739 $520 $610 $790 $1,010 $1,180 0.891
43740 $490 $580 $750 $960 $1,120 0.852
43746 $590 $700 $900 $1,150 $1,340 1.024
43760 $460 $540 $700 $890 $1,050 0.790
43822 $490 $580 $740 $940 $1,110 0.834
43830 $450 $530 $680 $870 $1,020 0.753

* 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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