Section 8 Fair Market Rent (FMR) for ZIP 43324 - 2027

Location: Logan County, OH | Metro: Logan County, OH

Investment Score for ZIP 43324

F
Monthly Rent (2BR)
$1,220
Median Price (2BR)
$270,450
1% Rule
0.45%
Annual Yield
5.41%

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$930
2 Bedrooms$1,220
3 Bedrooms$1,450
4 Bedrooms$1,600
5 Bedrooms$1,856
6 Bedrooms$2,079
7 Bedrooms$2,245
8 Bedrooms$2,357

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 $1,220 $270,450 0.45% F
3BR $1,450 $364,174 0.4% F
4BR $1,600 $475,401 0.34% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,733
Median Household Income
$56,466
Housing Units
1,842
Renter Percentage
15.8%
Occupancy Rate
65.4%
Renter Occupied
190

The Fair Market Rent (FMR) for ZIP code 43324, which includes Huntsville, Ohio, is set at $1,160 per month for the fiscal year 2026. This figure represents the payment standard for landlords participating in the Section 8 program, but it's important to note that this is not the amount you will charge tenants as rent. Instead, this is the maximum amount the Housing Choice Voucher program will pay towards a tenant's rent.

To put this into perspective, the average rent in ZIP 43324 is currently $1,043 per month, according to the Census Bureau's American Community Survey. This suggests that the FMR is slightly above the market rate, which could be beneficial for landlords looking to cover their costs and make a profit.

With 15.8% of the population being renters, there is a steady demand for rental properties in the area. This percentage indicates that nearly one out of every six residents is looking for a place to rent, making it a viable market for those interested in Section 8 rentals.

If you're considering acquiring a property in ZIP 43324 for your first Section 8 rental, the median home value is approximately $336,413. This gives you an idea of the investment required to enter the market.

Before you decide to participate in the Section 8 program, one crucial step is to verify the condition of the property against the Housing Quality Standards (HQS). These standards ensure that the housing is safe and decent for tenants, and failing to meet them can result in disqualification from the program. Make sure the property meets all HQS requirements to avoid any issues once you become a Section 8 landlord.

In summary, the FMR of $1,160 provides a benchmark for compensation under the Section 8 program, while the average rent of $1,043 reflects the current market conditions. With a renter share of 15.8%, there is a consistent demand for rentals, and the median home value of $336,413 offers insight into the initial investment needed. Verifying the property's compliance with HQS is essential to ensure eligibility and success in the program.

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.