Location: Columbus, OH | Metro: Columbus, OH HUD Metro FMR Area
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 | $890 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,130 | $273,099 | 0.41% | F |
| 3BR | $1,350 | $355,538 | 0.38% | F |
| 4BR | $1,530 | $486,331 | 0.31% | F |
U.S. Census Bureau data (2024)
The ZIP code 43025, located in Hebron, OH, has a population of 5,357 residents. With 24.9% of the population being renters, it indicates that this area is moderately renter-heavy but not dominated by rental properties. The median household income in Hebron is $87,381, which provides a solid financial foundation for potential tenants.
The typical market rent for the area is $860 per month, which constitutes approximately 10% of the median household income. This percentage suggests that most residents can comfortably afford rent without needing assistance from housing vouchers. However, given the Federal Market Rent (FMR) for FY 2024 is set at $1050, there is a discrepancy between the local market rent and the FMR, indicating that the voucher demand might be relatively high despite the moderate number of renters.
To put this into perspective, a landlord in Hebron should expect a tenant pool that includes a mix of independent renters and those who rely on housing vouchers. The voucher holders will likely have a lower income level, but they will still benefit from the support to cover a significant portion of their rent. The difference between the FMR and the actual market rent means that landlords can potentially attract tenants who qualify for vouchers, thereby ensuring a steady stream of income even if they need to accept lower rents than the FMR.
A landlord operating in ZIP 43025 can anticipate a tenant base that is generally financially stable due to the median income level, yet also prepared to accommodate a portion of tenants who require housing assistance. This dual nature of the market presents an opportunity for landlords to diversify their tenant portfolio while maintaining competitive rental rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.