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2026 HUD rent analysis

Cleveland Section 8 rent by bedroom.

A normalized view of Cleveland, OH HUD Metro FMR Area Fair Market Rents, paired with Cash Flow Gems listing-coverage evidence and a transparent gross-yield screen.

3-bedroom monthly FMR
$1,646
3-bedroom annualized
$19,752
12% gross-yield ceiling
$164,600
Matchable source rows
319

Normalized rent schedule

What HUD’s benchmark means for a first-pass screen.

The final column divides annual FMR by 12%. It is a mechanical gross-rent screen—not a valuation, offer price, or projected net return. It excludes taxes, insurance, repairs, vacancy, management, utilities, financing, and property condition.

2026 Fair Market Rent for Cleveland, OH HUD Metro FMR Area
Bedroom bandMonthly FMRAnnualized FMRPrice at 12% gross yield
Studio$933$11,196$93,300
1 bedroom$1,058$12,696$105,800
2 bedroom$1,279$15,348$127,900
3 bedroom$1,646$19,752$164,600
4 bedroom$1,760$21,120$176,000

Data-specific observations

Three facts worth carrying into underwriting.

01

The largest adjacent-band increase is from 2 bedroom to 3 bedroom: $367 per month.

02

The normalized dataset contains 352 source rows last observed June 20, 2026 for Cleveland; 319 clear the basic price, bedroom, and non-land completeness gate.

03

The HUD schedule belongs to Cleveland, OH HUD Metro FMR Area. A metro benchmark does not prove a specific unit’s approved rent, payment standard, inspection outcome, or rent reasonableness.

Diligence before ranking

Questions the rent table cannot answer.

The displayed Cleveland counts separate all observed active source rows from rows with a usable price, supported bedroom count, and non-land property type. Neither count replaces current condition, tax, insurance, occupancy, or rent-reasonableness checks.

  1. 01What will property taxes be after the purchase rather than under the seller's current basis?
  2. 02Does the unit configuration match the recorded bedroom count and the applicable housing-quality requirements?
  3. 03Which repairs, utilities, vacancy, management, and ongoing maintenance costs are absent from a first-pass gross-yield screen?

Related market research

Source and freshness

HUD FMR source year: 2026. Normalized schedule updated June 23, 2026. Listing coverage last observed June 20, 2026. Cash Flow Gems revalidates this page daily and withholds it after a successful revalidation if the five-band HUD contract becomes incomplete or mixed.

The benchmark is the beginning

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Cash Flow Gems is for informational and educational purposes only. It is not financial, legal, tax, or investment advice.