FY2026 Fair Market Rents — Springfield, OH MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$763
1BR
$843
2BR
$1,106
3BR
$1,355
4BR
$1,572
Hours/week at min wage
80 hrs
to afford the 2BR FMR @ $10.70/hr (OH)
National rank
#451
of 661 U.S. metros (top 69% most expensive)
YoY change (2BR)
+4.2%
+$45 vs FY2025 · 5-yr +39.6%
Voucher payment standard
$995–$1,217
PHAs set HCV payment at 90–110% of the 2BR FMR
Springfield, OH MSA
Metropolitan area · OH · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $763 | $9,156 |
| 1-Bedroom | $843 | $10,116 |
| 2-Bedroom | $1,106 | $13,272 |
| 3-Bedroom | $1,355 | $16,260 |
| 4-Bedroom | $1,572 | $18,864 |
Recent 2-Bedroom FMR Trend
FY2020 $761 → FY2026 $1,106
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $763 | $843 | $1,106 | $1,355 | $1,572 |
| FY2025 | $728 | $809 | $1,061 | $1,292 | $1,477 |
| FY2024 | $650 | $721 | $948 | $1,149 | $1,268 |
| FY2023 | $609 | $691 | $909 | $1,108 | $1,221 |
| FY2022 | $564 | $635 | $821 | $1,020 | $1,113 |
| FY2021 | $523 | $612 | $792 | $997 | $1,074 |
| FY2020 | $496 | $590 | $761 | $962 | $1,031 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $83,700
| 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) | $30,700 | $35,100 | $39,500 | $43,850 | $47,400 | $50,900 |
| 80% AMI (Low) | $49,150 | $56,150 | $63,150 | $70,150 | $75,800 | $81,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,272/yr
FMR as % of Area Median Income
15.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,240/yr
$3,687/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 | $732 | $837 | $941 | $1,129 | $1,213 |
| 60% AMI Maximum | $878 | $1,004 | $1,129 | $1,355 | $1,456 |
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 | $763 | $843 | $1,106 | $1,355 | $1,360 |
| Low HOME Rent | $767 | $877 | $987 | $1,096 | $1,185 |
Compare Springfield, 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