Location: Union County, 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 | $1,110 |
| 1 Bedroom | $1,220 |
| 2 Bedrooms | $1,590 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,220 | $211,632 | 0.58% | F |
| 2BR | $1,590 | $263,637 | 0.6% | D |
| 3BR | $1,890 | $362,213 | 0.52% | F |
| 4BR | $2,090 | $434,966 | 0.48% | F |
| 5BR | $2,424 | $519,414 | 0.47% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 43040, Marysville, OH, on the axes of yield and stability reveals a market that offers moderate potential for both cash flow and tenant retention. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1280, which is notably lower than the market rent of $1458. This discrepancy suggests a moderate yield opportunity for landlords who can manage properties efficiently and maintain them at market standards.
The median home value in the area stands at $366,069, indicating that property investments here are substantial. Given the FMR and market rent figures, an investor can expect to see a rental yield of approximately 4.2% based on the FMR and about 4.9% based on market rents. These percentages are calculated by dividing the annual rent ($1280 x 12 months for FMR and $1458 x 12 months for market) by the median home value.
On the stability axis, Marysville presents a balanced scenario. With 25.7% of residents being renters, there is a significant but not overwhelming proportion of tenants. This percentage suggests that while the rental market is active, it is also supported by a sizeable owner-occupied population, potentially reducing volatility. The average days on market (DOM) for rental listings is 15 days, which is relatively short, indicating a good demand for rental properties and suggesting that vacancies might be minimized.
Average household income in the area is $99,321, which is a positive indicator for stability as it implies that tenants have the financial means to meet their rent obligations. However, the income level also indicates that some tenants might prefer to own rather than rent, given the choice and financial capability. This dynamic could affect long-term stability, as higher-income areas often see fluctuations in the rental market due to changing preferences towards homeownership.
In summary, ZIP 43040 is best classified as a steady-cashflow zone with moderate yield opportunities. The market rent slightly exceeds the FMR, providing a reasonable profit margin, but the rental yield is not exceptionally high. Stability is bolstered by a decent rental rate and short DOM, yet tempered by the presence of a substantial owner-occupied population and relatively high incomes, which could lead to periodic shifts in the rental market dynamics.
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.