Location: Toledo, OH | Metro: Toledo, OH MSA
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 | $780 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,080 | $150,409 | 0.72% | D |
| 3BR | $1,380 | $221,750 | 0.62% | D |
| 4BR | $1,470 | $292,596 | 0.5% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP 43460, Rossford, OH, in fiscal year 2024 is set at $890. This figure represents the maximum amount that the U.S. Department of Housing and Urban Development (HUD) will pay landlords participating in the Section 8 program for a given unit. It's important to note that this is not the rent you can charge your tenants; it is the reimbursement rate for those enrolled in the Section 8 program.
To put this into perspective, the average rent in Rossford, OH, based on recent Census American Community Survey (ACS) data, is $873. This indicates that the FMR is slightly above the local average, which can be advantageous for landlords who want to ensure they receive fair compensation for their properties.
The local market shows a strong demand for rental properties, with 34.1% of residents being renters. This high percentage suggests that there is a significant number of potential tenants who might be interested in Section 8 housing. The median household income in Rossford is $50,486, which aligns well with the income eligibility criteria for Section 8 participants.
If you're looking to acquire a property for a Section 8 rental, the median home value in Rossford is approximately $192,715. This gives you an idea of the typical price range for homes in the area, which can help in budgeting for your investment.
Before proceeding with a Section 8 rental, it is crucial to verify that your property meets HUD’s minimum housing quality standards (MQS). These standards ensure that the units are safe, decent, and sanitary. Failure to meet these requirements can result in penalties and loss of rental income.
In summary, the FMR of $890 provides a clear benchmark for reimbursement rates, slightly exceeding the local average rent of $873. With a substantial 34.1% of the population renting, there is a robust demand for affordable housing. The median home value of $192,715 offers insight into the typical costs of acquiring a property. However, the key step before finalizing your decision is to confirm that your property complies with HUD’s MQS.
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.