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 | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,470 | $190,566 | 0.77% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 43462 suggests a balanced market with limited immediate pressure on pricing. With a median home value of $162,371, the area is positioned within a range that is attractive to both first-time buyers and investors looking for affordable entry points. The absence of data on the percentage of listings being reduced and the median days on market (DOM) indicates a stable market where neither sellers nor buyers are under significant urgency.
On the rental side, the Fair Market Rent (FMR) for ZIP 43462 in fiscal year 2024 is set at $1,040, which is slightly above the current market rate of $1,007 as reported by the Census ACS. This signals that landlords can expect modest increases in rental income, aligning with the FMR guidance. However, the gap between FMR and actual market rates is narrow, suggesting that tenants have some leverage in negotiations, particularly if there is an oversupply of rental units.
For long-term investors, the setup implies a conservative appreciation thesis. Given the stability in the market and the modest gap between FMR and current rents, it's reasonable to anticipate that property values will continue to grow at a slow pace, reflecting broader economic trends rather than local market-specific factors. The median home value is unlikely to experience rapid growth, but steady appreciation can still be expected, driven by gradual improvements in the local economy and infrastructure.
To summarize, the current data points towards a market where landlords and small-portfolio investors can maintain their pricing power without significant adjustments. Rental income is poised for slight increases, and property values are likely to appreciate steadily over the next 12-24 months. However, the pace of change will be moderate, requiring patience and a focus on long-term strategies to maximize returns.
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.