PlainRent

Mercer County

FY 2026 HUD Fair Market Rents in Ohio. Population: 42,321.

Fair Market Rents (2026)

Studio
National avg: $893
$747/mo
↑ 12.5% YoY -16% vs US
1 Bedroom
National avg: $959
$788/mo
↑ 10.4% YoY -18% vs US
2 Bedroom
National avg: $1,175
$987/mo
↑ 11.7% YoY -16% vs US
3 Bedroom
National avg: $1,525
$1,287/mo
↑ 10.2% YoY -16% vs US
4 Bedroom
National avg: $1,756
$1,307/mo
↑ 11.5% YoY -26% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $664 $747 +$83 (+12.5%)
1 Bedroom $714 $788 +$74 (+10.4%)
2 Bedroom $884 $987 +$103 (+11.7%)
3 Bedroom $1,168 $1,287 +$119 (+10.2%)
4 Bedroom $1,172 $1,307 +$135 (+11.5%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$31,520
$2,627/month gross
Required annual income for 2 BR
$39,480
$3,290/month gross

Other Counties in Ohio

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.