Section 8 Fair Market Rent (FMR) for ZIP 43510 - 2027

Location: Henry County, OH | Metro: Henry County, OH

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$930
1 Bedroom$940
2 Bedrooms$1,160
3 Bedrooms$1,550
4 Bedrooms$1,920
5 Bedrooms$2,227
6 Bedrooms$2,494
7 Bedrooms$2,694
8 Bedrooms$2,829

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
12
Median Household Income
$N/A
Housing Units
12
Renter Percentage
100.0%
Occupancy Rate
100.0%
Renter Occupied
12

The classification of ZIP code 43510 hinges on the available data points regarding yield and stability. For yield analysis, we rely on the Fair Market Rent (FMR) figure of $1,050 for the metro area in fiscal year 2026. This suggests that rental properties in ZIP 43510 can command a rent price reflective of the metro average, which is a positive indicator for potential income generation.

However, the lack of specific market rent and home value data for ZIP 43510 introduces uncertainty into the yield assessment. Without these benchmarks, it's challenging to determine if the FMR of $1,050 represents a premium over market rates or is aligned with typical values in the area. In the absence of comparative figures, we cannot conclusively state whether this ZIP offers high-yield opportunities or if it aligns more closely with steady cash flow zones.

Moving to stability, the data reveals that 100.0% of residents in ZIP 43510 are renters. This is a critical factor, indicating a robust demand for rental properties, which inherently supports stability. High renter percentages reduce the risk of vacancy and provide consistent income streams. However, the missing days-on-market (DOM) and income figures prevent a full evaluation of the economic stability of the tenants and the local real estate market dynamics.

Given the complete reliance on rental occupancy and the absence of other key metrics, ZIP 43510 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The certainty of 100.0% rental occupancy ensures a stable tenant base, but without detailed market rent and home value comparisons, it's difficult to ascertain the yield's competitiveness or premium nature. Landlords and small-portfolio investors should focus on the stability offered by this high-renter percentage while seeking additional local market insights to fully gauge the yield potential.

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.