Location: Knox County, OH | Metro: Knox County, OH
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,100 | $260,370 | 0.42% | F |
| 3BR | $1,400 | $293,530 | 0.48% | F |
| 4BR | $1,450 | $353,874 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 43014 in Knox County, Ohio, stands out due to its unique demographic and economic characteristics. With a population of 3,738 residents, it has a rental rate of 23.5%, indicating that nearly one-quarter of its households are tenants. The median income in this area is $66,481, which is relatively modest compared to the median home value of $271,655. This suggests that homeownership is less accessible to the average resident, potentially making rental properties more attractive.
From a Section 8 perspective, the ZIP code 43014 offers interesting dynamics. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,000 per month, whereas the current market rent based on Census ACS data is $687. This discrepancy means that landlords accepting Section 8 vouchers can potentially receive higher rents than the current market rate, making it an appealing option for property owners looking to maximize their returns.
The data signature for ZIP 43014 indicates a stable environment. Despite the modest median income, the higher FMR compared to market rent suggests that the local housing market is well-supported by government subsidies, which can help maintain steady occupancy rates and provide financial stability for landlords. The consistent gap between FMR and market rent also implies that there is little volatility in the rental market, further reinforcing the notion of stability.
In conclusion, ZIP 43014 presents a favorable scenario for landlords and small-portfolio investors interested in Section 8 properties. The combination of a significant rental population and a subsidy that exceeds market rates makes it a reliable investment choice. The overall economic conditions suggest a stable rather than transitional market, providing confidence in long-term rental income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.