Location: Sandusky County, OH | Metro: Erie County, OH HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $970 for the metro area in fiscal year 2026, Vickery, OH (ZIP 43464) presents a stable rental environment for landlords and small-portfolio investors. The Census ACS reports a market rent of $1,101, indicating that properties can command a premium above the FMR. This gap between FMR and market rent suggests a robust local economy capable of supporting higher rents, which is further evidenced by the median home value of $169,997. Given that 31.3% of the population are renters, there is a significant demand for rental units in the area. Landlords can leverage this demand to maintain occupancy rates and steady cash flows. However, the median income of $41,471 underscores the importance of targeting tenants who qualify for assistance programs, such as Section 8, to ensure a consistent stream of rental income. Despite the lack of specific data on days on market (DOM) and the percentage of homes that have had their prices cut, the combination of a reasonable FMR and a slightly higher market rent indicates that the housing market is balanced and not overly saturated. In conclusion, the favorable economic indicators and the presence of a sizeable renter base make Vickery, OH an attractive location for Section 8 investments.
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.