FY2026 Fair Market Rents — Lima, OH MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$839
1BR
$844
2BR
$1,108
3BR
$1,338
4BR
$1,493
Hours/week at min wage
80 hrs
to afford the 2BR FMR @ $10.70/hr (OH)
YoY change (2BR)
+6.5%
+$68 vs FY2025 · 5-yr +48.3%
Voucher payment standard
$997–$1,219
PHAs set HCV payment at 90–110% of the 2BR FMR
Lima, OH MSA
Non-Metropolitan area · OH · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $839 | $10,068 |
| 1-Bedroom | $844 | $10,128 |
| 2-Bedroom | $1,108 | $13,296 |
| 3-Bedroom | $1,338 | $16,056 |
| 4-Bedroom | $1,493 | $17,916 |
Recent 2-Bedroom FMR Trend
FY2020 $712 → FY2026 $1,108
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $839 | $844 | $1,108 | $1,338 | $1,493 |
| FY2025 | $788 | $793 | $1,040 | $1,262 | $1,431 |
| FY2024 | $716 | $737 | $947 | $1,177 | $1,328 |
| FY2023 | $657 | $680 | $854 | $1,086 | $1,246 |
| FY2022 | $567 | $622 | $767 | $999 | $1,120 |
| FY2021 | $538 | $615 | $747 | $986 | $1,072 |
| FY2020 | $516 | $594 | $712 | $953 | $987 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $85,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $30,800 | $35,200 | $39,600 | $43,950 | $47,500 | $51,000 |
| 80% AMI (Low) | $49,250 | $56,250 | $63,300 | $70,300 | $76,000 | $81,600 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,296/yr
FMR as % of Area Median Income
15.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,320/yr
$3,693/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $749 | $857 | $964 | $1,156 | $1,242 |
| 60% AMI Maximum | $899 | $1,028 | $1,156 | $1,388 | $1,491 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $839 | $844 | $1,108 | $1,338 | $1,392 |
| Low HOME Rent | $770 | $880 | $990 | $1,098 | $1,187 |
Compare Lima, OH MSA With Other OH Metros
vs. Akron, OH MSA
vs. Ashtabula County, OH HUD Metro FMR Area
vs. Brown County, OH HUD Metro FMR Area
vs. Canton-Massillon, OH MSA
vs. Cleveland, OH HUD Metro FMR Area