Location: Sandusky County, OH | Metro: Ottawa 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 | $730 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $178,938 | 0.56% | F |
| 3BR | $1,250 | $240,172 | 0.52% | F |
| 4BR | $1,530 | $280,637 | 0.55% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 43469, Woodville, Ohio, for fiscal year 2024 is set at $900. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It does not equate to the actual rent you will charge your tenants, but rather it is the maximum amount that the government will pay toward the rent for eligible families.
In comparison, the average rent for the area, according to the latest Census American Community Survey (ACS), is $692. This indicates that the FMR is higher than the typical market rate, which can be beneficial for landlords who wish to receive a higher subsidy for their units.
The 18.0% renter share in Woodville suggests that there is a moderate demand for rental properties. However, for those interested in Section 8 rentals, this percentage shows that nearly one-fifth of the population relies on renting, providing a steady tenant pool for subsidized housing.
If you're considering acquiring a property for a Section 8 rental in ZIP 43469, the median home value is approximately $218,310. This figure gives you an idea of the investment required to purchase a property suitable for the Section 8 program. While the initial investment might seem high, the FMR ensures that you will receive a reasonable subsidy to cover your costs.
Before proceeding with your first Section 8 rental, it is crucial to verify that the property meets the Housing Quality Standards (HQS). These standards ensure that the unit is safe and habitable for tenants. They cover various aspects such as structural integrity, heating, plumbing, and electrical systems. Ensuring compliance with HQS is essential to avoid delays and potential rejection of your application to participate in the program.
To summarize, the FMR of $900 provides a clear benchmark for subsidies, while the local average rent of $692 offers insight into market conditions. With an 18.0% renter share, there is a consistent demand for rental properties, and the median home value of $218,310 sets the stage for your investment. The final step is to confirm that your property meets the necessary HQS requirements.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.