Location: Wyandot County, OH | Metro: Wyandot County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
U.S. Census Bureau data (2024)
The market snapshot for ZIP code 43330 reveals a rental landscape that is currently defined by limited data but significant insights can still be gleaned. The Fair Market Rent (FMR) for the area stands at $970 for fiscal year 2026, indicating a clear benchmark for rental pricing set by HUD. However, the absence of current market rent figures suggests a lack of recent activity or reporting, which could point to either a stable market or one that is underreported.
The 34.8% renter share in ZIP 43330 is a critical metric. This percentage signals a substantial portion of the population relies on rental housing, suggesting ongoing housing pressure. When a significant number of residents are renters, it often implies that homeownership is less accessible or desirable due to factors such as affordability, job stability, or lifestyle preferences. This dynamic can lead to a persistent demand for rental properties, making it an attractive market for landlords and small-portfolio investors who can provide well-maintained units at competitive rates.
The lack of data on price-cut share and days on market (DOM) prevents a direct assessment of whether supply outpaces demand or vice versa. However, given the high renter share, it is reasonable to infer that demand might be robust, especially if there are employment opportunities or other amenities that attract tenants. Landlords should focus on understanding the local economy and job market to gauge potential tenant influx and retention rates.
In summary, ZIP 43330 presents a rental market with a known FMR but lacking in current market-specific metrics. The high renter share suggests a market with enduring pressure for rental housing, which can translate into steady demand for properties. For investors, the key lies in identifying units that meet the needs of the local tenant base and positioning them competitively within the $970 HUD guideline. This approach will help ensure a consistent occupancy rate and potentially higher returns on investment.
Data Sources: FMR data from HUD (2027). 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.