Section 8 Fair Market Rent (FMR) for ZIP 43450 - 2027

Location: Sandusky County, OH | Metro: Toledo, OH MSA

Investment Score for ZIP 43450

Monthly Rent (2BR)

$1,640

Median Price (2BR)

$197,876

1% Rule

0.83%

Annual Yield

9.95%

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	$1,180
1 Bedroom	$1,250
2 Bedrooms	$1,640
3 Bedrooms	$2,090
4 Bedrooms	$2,230
5 Bedrooms	$2,587
6 Bedrooms	$2,897
7 Bedrooms	$3,129
8 Bedrooms	$3,285

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	$1,640	$197,876	0.83%	C
3BR	$2,090	$273,304	0.76%	D
4BR	$2,230	$317,926	0.7%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,759

Median Household Income

$84,375

Housing Units

1,653

Renter Percentage

38.1%

Occupancy Rate

92.9%

Renter Occupied

585

ZIP code 43450, located in Pemberville, OH within the Sandusky County metro, presents a mix of characteristics that place it somewhere between a value pocket and a mid-tier neighborhood. The Fair Market Rent (FMR) for ZIP 43450 is set at $1,220 for fiscal year 2024, slightly below the median market rent of $1,255. This suggests that rental prices in 43450 are competitive and potentially attractive to tenants seeking affordable housing options.

The median home value in ZIP 43450 is $245,771, which is lower than the average home value in the broader Sandusky County metro. This could indicate that 43450 offers relatively affordable homeownership opportunities compared to other areas in the county, making it an appealing location for first-time buyers or those looking for a more budget-friendly property.

A notable feature of ZIP 43450 is its 38.1% renter share, which is higher than the average for Sandusky County. This elevated proportion of renters can be indicative of a strong demand for rental properties, possibly due to the area's affordability. High renter share combined with below-average home values often points to a sweet spot for Section 8 landlords and small-portfolio investors who are looking for a balance between manageable property costs and a robust rental market.

To further contextualize these figures, consider the following:

Rental Market: With FMR just under the market rent, landlords in 43450 can price their units competitively while still meeting the needs of low-income tenants. This makes it a viable option for Section 8 participation.
Homeownership: The lower median home value suggests that 43450 is less expensive than other parts of Sandusky County, potentially attracting buyers who might otherwise look outside the metro area.
Tenant Demand: The higher-than-average renter share indicates a strong demand for rental properties, which could benefit landlords and investors by providing a steady stream of potential tenants.

In conclusion, ZIP 43450 stands out as a potentially valuable investment opportunity within the Sandusky County metro, particularly for those interested in the rental market and Section 8 housing. Its combination of below-average home values and above-average renter share creates a unique profile that could attract both tenants and investors alike.

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.