FY2026 Fair Market Rents — Cleveland-Elyria, OH MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$933
1BR
$1,058
2BR
$1,279
3BR
$1,646
4BR
$1,760
Hours/week at min wage
92 hrs
to afford the 2BR FMR @ $10.70/hr (OH)
YoY change (2BR)
+5.9%
+$71 vs FY2025 · 5-yr +47.9%
Voucher payment standard
$1,151–$1,407
PHAs set HCV payment at 90–110% of the 2BR FMR
Cleveland-Elyria, 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) | $933 | $11,196 |
| 1-Bedroom | $1,058 | $12,696 |
| 2-Bedroom | $1,279 | $15,348 |
| 3-Bedroom | $1,646 | $19,752 |
| 4-Bedroom | $1,760 | $21,120 |
Recent 2-Bedroom FMR Trend
FY2020 $849 → FY2026 $1,279
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $933 | $1,058 | $1,279 | $1,646 | $1,760 |
| FY2025 | $881 | $995 | $1,208 | $1,553 | $1,667 |
| FY2024 | $811 | $913 | $1,108 | $1,434 | $1,527 |
| FY2023 | $719 | $820 | $998 | $1,296 | $1,369 |
| FY2022 | $632 | $732 | $893 | $1,169 | $1,224 |
| FY2021 | $599 | $705 | $865 | $1,137 | $1,188 |
| FY2020 | $585 | $691 | $849 | $1,119 | $1,174 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $105,000
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $22,050 | $25,200 | $28,350 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $36,750 | $42,000 | $47,250 | $52,500 | $56,700 | $60,900 |
| 80% AMI (Low) | $58,800 | $67,200 | $75,600 | $84,000 | $90,750 | $97,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$15,348/yr
FMR as % of Area Median Income
14.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$51,160/yr
$4,263/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 | $918 | $1,050 | $1,181 | $1,417 | $1,522 |
| 60% AMI Maximum | $1,102 | $1,260 | $1,417 | $1,701 | $1,827 |
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 | $933 | $1,058 | $1,279 | $1,646 | $1,706 |
| Low HOME Rent | $918 | $1,050 | $1,181 | $1,312 | $1,417 |
Compare Cleveland-Elyria, 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