Location: Perry 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 | $990 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,260 | $223,799 | 0.56% | F |
| 3BR | $1,500 | $305,055 | 0.49% | F |
| 4BR | $1,710 | $356,073 | 0.48% | F |
U.S. Census Bureau data (2024)
The ZIP code 43107, encompassing Bremen, OH, presents a market in motion, characterized by the interplay between rental and homeownership trends. The Fair Market Rent (FMR) for the area is set at $1,090 for fiscal year 2024, while the actual market rent, as reported by the Census American Community Survey, stands at $1,028. This indicates that landlords are setting their rents slightly below the government benchmark, suggesting a competitive rental market.
The median home value in Bremen, OH, is $283,858. Despite this figure, the lack of data on price-cut shares and days on market (DOM) means we cannot definitively state whether supply is outpacing demand or vice versa. However, the low market rent compared to the FMR implies that there might be some pressure on landlords to offer competitive rates, which could suggest a slight imbalance favoring supply over demand.
A significant indicator of long-term housing pressure is the 14.3% renter share of the population. This relatively low percentage suggests that homeownership is prevalent in the area. A high rate of homeownership can lead to less immediate rental demand but also signals a stable community with fewer transient residents. For landlords and small-portfolio investors, this points towards a potentially steady, if not rapidly growing, rental market. It also suggests that rental properties should be priced attractively to compete effectively with the homeownership trend.
The dynamics of ZIP 43107 highlight a balance between rental and homeownership markets. While the rental sector is competitive, with landlords setting rents slightly below the FMR, the overall trend leans towards homeownership. This balance creates a nuanced market where both sectors coexist, offering opportunities for those who understand the local preferences and can cater to them effectively.
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.