Location: Logan County, OH | Metro: Union County, 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 | $1,020 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,390 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,390 | $210,369 | 0.66% | D |
| 3BR | $1,660 | $280,995 | 0.59% | F |
| 4BR | $1,830 | $313,279 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 43358, located in West Mansfield, OH, positions itself within the broader Logan County, OH metro area. To understand its standing, let's analyze the key figures: the Fair Market Rent (FMR) for ZIP 43358 in fiscal year 2024 is set at $1,100, slightly below the market rent of $1,122. The median home value is listed at $268,158, while the renter share stands at 13.3%.
Comparatively, these numbers suggest that ZIP 43358 is a mid-tier neighborhood within the Logan County, OH metro. Its FMR and market rent are closely aligned, indicating a stable rental market that reflects fair value. The home value is also indicative of a middle-range property price point, which aligns with the overall median home value trends in the county.
The renter share of 13.3% is noteworthy, as it is higher than many other ZIP codes in the county. This suggests a greater concentration of renters, which could be beneficial for landlords and small-portfolio investors looking for steady rental income. However, it does not necessarily signal a premium sub-market, given that the home values and rents are neither significantly above nor below average.
While there isn't a marked divergence between the renter share and home values to suggest a clear Section 8 sweet spot, the slightly below-average rent compared to market rates and the higher-than-average renter share make ZIP 43358 a potentially valuable investment area for those focused on the rental market. It represents a balance between affordability and demand, positioning it as a solid choice for investors seeking stability and growth potential.
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.