Location: Hocking 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 | $960 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,720 |
| 5 Bedrooms | $1,995 |
| 6 Bedrooms | $2,234 |
| 7 Bedrooms | $2,413 |
| 8 Bedrooms | $2,534 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,220 | $305,419 | 0.4% | F |
| 3BR | $1,560 | $368,576 | 0.42% | F |
| 4BR | $1,720 | $449,805 | 0.38% | F |
U.S. Census Bureau data (2024)
The ZIP code 43155, located in Sugar Grove, OH, has a population of 2,361 residents, with 23.9% being renters. This indicates that the area is primarily dominated by homeowners rather than renters, suggesting that the demand for rental properties, including those supported by Section 8 vouchers, is relatively low. The median household income in this ZIP code stands at $90,337, which provides a strong basis for understanding the financial capabilities of potential tenants.
The typical market rent in Sugar Grove, OH, is $680 per month. When compared to the median household income, this translates to approximately 8.6% of the average monthly income spent on rent. The Fair Market Rent (FMR) for the area, as set by HUD for FY 2024, is $1,060, indicating that the current market rent is below the FMR threshold, which could be a positive sign for affordability.
The scarcity of vouchers in this area means that landlords can expect tenants who are capable of paying market rates without the need for government assistance. However, the presence of some Section 8 tenants cannot be ruled out entirely, but they will likely represent a smaller portion of the overall tenant pool. Landlords should prepare for a mix of tenants who are financially stable and have a higher likelihood of maintaining their rental obligations due to the general economic prosperity of the area.
To summarize, while ZIP 43155 is not heavily populated with renters, it does offer an environment where the majority of residents have sufficient income to cover market rents comfortably. Landlords can anticipate a tenant base that is less reliant on housing vouchers and more inclined to pay competitive rental rates based on the local economy.
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.