HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Putnam County, Ohio (FY 2027)
$1,095 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Putnam County, and it's the baseline every voucher in Putnam is measured against.
Two-bedroom FMR
$1,095
+4.0% from FY 2026
Payment standard
$986–$1,205
90% to 110% of the FMR, two-bedroom
Income to afford
$43,800
a year, with rent at 30% of income
Rank in Ohio
34th of 88
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $827 | $744–$910 | $33,080 | $15.90/hr | +3.8% |
| 1 bedroom | $837 | $753–$921 | $33,480 | $16.10/hr | +3.6% |
| 2 bedroom | $1,095 | $986–$1,205 | $43,800 | $21.06/hr | +4.0% |
| 3 bedroom | $1,305 | $1,175–$1,436 | $52,200 | $25.10/hr | +3.3% |
| 4 bedroom | $1,452 | $1,307–$1,597 | $58,080 | $27.92/hr | +4.2% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,670 | $1,503–$1,837 |
| 6 bedroom Estimate | $1,888 | $1,699–$2,077 |
| 7 bedroom Estimate | $2,105 | $1,895–$2,316 |
| 8 bedroom Estimate | $2,323 | $2,091–$2,555 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Putnam actually rent for?
Search any address in Putnam for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Putnam somewhere between $986 and $1,205. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,095 a month is affordable, by HUD's 30% rule, on an income of roughly $43,800 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$986 | Voucher pays at 100%$1,095 | Voucher pays at 110%$1,205 |
|---|---|---|---|---|
| $2,500 | $750 | $236 | $345 | $455 |
| $4,000 | $1,200 | $0 | $0 | $5 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($1,053) to FY 2027 ($1,095). Since FY 2020 it's up 57% in total, about 6.7% a year. The Ohio median moved up 3% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $517 | $586 | $696 | $885 | $967 | — |
| FY 2021 | $548 | $612 | $734 | $913 | $1,002 | +5.5% |
| FY 2022 | $547 | $628 | $738 | $912 | $1,001 | +0.5% |
| FY 2023 | $587 | $665 | $794 | $966 | $1,067 | +7.6% |
| FY 2024 | $639 | $710 | $860 | $1,040 | $1,145 | +8.3% |
| FY 2025 | $690 | $724 | $919 | $1,107 | $1,218 | +6.9% |
| FY 2026 | $797 | $808 | $1,053 | $1,263 | $1,394 | +14.6% |
| FY 2027In effect | $827 | $837 | $1,095 | $1,305 | $1,452 | +4.0% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Putnam, that runs from $827 for a studio up to $1,452 for four bedrooms, all five rates in the table above.
Because Putnam sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Belmore included.
Among Ohio's 88 counties, Putnam ranks 34th for two-bedroom FMR. That's about 4% above the state median of $1,048 and about 3% above the national median county at $1,063. About 34,314 people live here, 70th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,000 in 45831 (Continental) and $1,350 in 45815 (Belmore), with the 13 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 45815 | Belmore | $1,350 | +23.3% |
| 45827 | Cloverdale | $1,050 | -4.1% |
| 45830 | Columbus Grove | $1,200 | +9.6% |
| 45831 | Continental | $1,000 | -8.7% |
| 45837 | Dupont | $1,095County rate | — |
| 45844 | Fort Jennings | $1,000 | -8.7% |
| 45848 | Glandorf | $1,030 | -5.9% |
| 45853 | Kalida | $1,140 | +4.1% |
| 45856 | Leipsic | $1,350 | +23.3% |
| 45864 | Miller City | $1,180 | +7.8% |
| 45875 | Ottawa | $1,030 | -5.9% |
| 45876 | Ottoville | $1,150 | +5.0% |
| 45877 | Pandora | $1,160 | +5.9% |
| 45893 | Vaughnsville | $1,200 | +9.6% |
Nearby counties
Two-bedroom FMR, with how each compares to Putnam.
Allen County
16 mi · 101,348 people
$1,179
+8%
Henry County
22 mi · 27,567 people
$1,011
-8%
Paulding County
24 mi · 18,791 people
$1,003
-8%
Hancock County
25 mi · 74,866 people
$1,189
+9%
Van Wert County
28 mi · 28,826 people
$1,003
-8%
Defiance County
29 mi · 38,343 people
$1,017
-7%
Auglaize County
32 mi · 46,125 people
$1,016
-7%
Hardin County
34 mi · 30,475 people
$1,003
-8%
Questions people ask
$1,095 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $827 for a studio, $837 for one bedroom, $1,305 for three and $1,452 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Putnam actually go for?
HUD's number is one input. Search any address in Putnam for a rent estimate built from nearby comps. Free to start, no card.
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