Section 8 Fair Market Rent (FMR) for ZIP 43106 - 2027

Location: Fayette County, OH | Metro: Fayette County, OH

Investment Score for ZIP 43106

N/A

Monthly Rent (2BR)

$1,080

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$820
1 Bedroom	$930
2 Bedrooms	$1,080
3 Bedrooms	$1,380
4 Bedrooms	$1,550
5 Bedrooms	$1,798
6 Bedrooms	$2,014
7 Bedrooms	$2,175
8 Bedrooms	$2,284

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,380	$227,452	0.61%	D
4BR	$1,550	$312,308	0.5%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,587

Median Household Income

$82,813

Housing Units

628

Renter Percentage

27.0%

Occupancy Rate

92.5%

Renter Occupied

157

The ZIP code 43106, located in Columbus, Ohio, is a vibrant urban area that offers a mix of residential and commercial properties. It is characterized by its accessibility to major highways and proximity to downtown, making it attractive for both residents and businesses.

Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,100. This indicates a strong rental market, particularly for those seeking affordable housing options.
The current market rent stands at $941 per month according to the Census American Community Survey (ACS). This suggests that there is potential for rental price increases to align with the FMR, benefiting landlords who can adjust their pricing accordingly.
The median home value in the area is $243,919. This figure reflects the overall affordability of the housing market, which can be appealing to first-time homebuyers and investors alike.
Renters make up 27.0% of the housing market in ZIP 43106. This shows a significant portion of the population relies on rental properties, indicating steady demand for rental units.
The median income in the area is $82,813. This level of income supports a diverse range of housing needs and preferences, contributing to a stable rental market.

The analysis of these data points reveals a promising investment environment in ZIP 43106. With a robust rental market indicated by the Fair Market Rent and current market rent figures, and a substantial renter population, landlords and small-portfolio investors can expect consistent demand for rental properties. The median home value suggests that the area remains affordable, potentially attracting more residents and thus sustaining rental demand. Additionally, the median income provides insight into the financial stability of the local population, further underpinning the attractiveness of this market for real estate investments.

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.