Location: Knox County, OH | Metro: Knox County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
ZIP code 43005, located in Knox County, Ohio, is a strong candidate for inclusion in a Section 8 portfolio strategy, particularly as an appreciation play. The data reveals that this area has a median income of $72,910, which indicates a stable economic base capable of supporting rental demand. Although the specific figures for the Fair Market Rent (FMR) and median home value are currently unavailable, the absence of market data on price cuts and days on market (DOM) suggests that properties in this ZIP code maintain their value well, without frequent discounts or extended periods of unsold inventory.
The key factor supporting 43005 as an appreciation play is the potential for property values to increase over time, making it a wise investment for landlords and small-portfolio investors looking to capitalize on long-term growth. The lack of significant price cuts and short DOM periods imply a robust local real estate market where property values are likely to appreciate rather than depreciate.
Additionally, with a renter share of 43.8%, this ZIP code offers a diverse tenant pool, reducing the risk associated with high concentrations of any single type of housing stock. This diversity ensures that there will be consistent demand for rental properties, even if the broader market experiences fluctuations.
While the FMR for the metro area in fiscal year 2026 is listed at $1,120, the absence of specific market data makes it difficult to assess whether 43005 would serve as a cash-flow anchor. However, given the stability of the local economy and the potential for property value appreciation, 43005 should be considered primarily for its growth potential rather than its ability to generate immediate cash flow.
In summary, ZIP code 43005 is best positioned as an appreciation play within a Section 8 portfolio strategy. Its stable economic foundation, coupled with the potential for property value increases, makes it a valuable addition for those seeking long-term gains in their real estate investments.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.