Location: Hardin County, OH | Metro: Hardin County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The classification of ZIP code 43346 hinges on its yield and stability metrics, which are critical for landlords and small-portfolio investors. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,240. This figure indicates the maximum amount that a property can be rented for under the Section 8 program, providing a benchmark for rental income potential.
However, the absence of market rent and home value data for ZIP 43346 presents a challenge in fully assessing its yield potential relative to non-subsidized markets. In the absence of these figures, the FMR remains the primary indicator for rental income expectations.
Moving to the stability axis, only 13.0% of the population are renters, which suggests a lower demand for rental properties compared to areas with higher percentages of renters. Additionally, the median household income of $57,130 provides insight into the financial health of residents but lacks context without comparative data. The missing days on market (DOM) statistic further complicates the stability assessment, as it would have indicated how quickly properties are typically leased in this area.
Given the available data, ZIP 43346 leans towards being a low-yield and low-stability market. The relatively low percentage of renters combined with the limited data on market rents and home values suggests a less dynamic rental environment. Furthermore, the income level, while not exceptionally high, does provide some assurance regarding the ability of residents to pay rent. However, without additional market-specific data, it's difficult to definitively categorize this as a high-yield/low-stability flip-style market or a steady-cashflow zone. It appears to fall somewhere in between, favoring a more conservative investment approach.
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.