Section 8 Fair Market Rent (FMR) for ZIP 43102 - 2027

Location: Hocking County, OH | Metro: Columbus, OH HUD Metro FMR Area

Investment Score for ZIP 43102

Monthly Rent (2BR)

$1,190

Median Price (2BR)

$257,157

1% Rule

0.46%

Annual Yield

5.55%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$930
1 Bedroom	$1,000
2 Bedrooms	$1,190
3 Bedrooms	$1,420
4 Bedrooms	$1,610
5 Bedrooms	$1,868
6 Bedrooms	$2,092
7 Bedrooms	$2,259
8 Bedrooms	$2,372

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,190	$257,157	0.46%	F
3BR	$1,420	$350,643	0.4%	F
4BR	$1,610	$423,635	0.38%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,711

Median Household Income

$90,781

Housing Units

1,456

Renter Percentage

5.2%

Occupancy Rate

94.7%

Renter Occupied

The ZIP code 43102, located in Amanda, Ohio, is part of a suburban landscape characterized by a mix of residential and agricultural uses. The area offers a tranquil setting with access to amenities and services that cater to both homeowners and renters. This analysis delves into key metrics relevant to landlords and small-portfolio investors, providing insights into the rental market and property values.

Fair Market Rent (FMR): The FMR for ZIP 43102 in fiscal year 2024 is set at $1110, indicating the maximum amount that a low-income family should pay for housing.
Market Rent: According to the latest Census American Community Survey (ACS) data, the average market rent in ZIP 43102 stands at $963, suggesting that rental properties can be priced below the FMR to remain competitive.
Median Home Value: The median home value in the area is $334,771, reflecting a stable housing market where properties are neither overvalued nor undervalued compared to surrounding regions.
Renter Share: Only 5.2% of the population are renters, which is a relatively low figure, implying that the majority of residents prefer homeownership over renting.
Median Income: The median household income in ZIP 43102 is $90,781, which is above the national average and suggests a financially stable local economy capable of supporting rental payments.

In summary, ZIP 43102 presents a balanced investment opportunity for landlords and small-portfolio investors. Despite the low renter share, the strong median income supports the viability of rental properties. The gap between the Fair Market Rent and the actual market rent indicates potential for modest price increases without alienating tenants. Additionally, the median home value suggests that the area's housing market is in line with broader economic trends, making it a reliable choice for long-term investments. However, the limited number of renters means that competition for tenants could be high, necessitating a focus on maintaining quality and affordability to attract and retain tenants.

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.