Location: Henry County, 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 | $870 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,210 | $220,052 | 0.55% | F |
| 3BR | $1,540 | $292,181 | 0.53% | F |
| 4BR | $1,650 | $360,242 | 0.46% | F |
U.S. Census Bureau data (2024)
The potential pitfalls of investing in ZIP 43522 for Section 8 properties include higher-than-average tenant turnover rates and significant exposure to vacancy periods. With a market rent of $1,002 compared to the Fair Market Rent (FMR) of $1,010 for FY 2024, landlords might face challenges in attracting tenants who qualify for the program. The Days on Market (DOM) figure is not available, which indicates a lack of transparency regarding how long units remain vacant before being rented out. This uncertainty can lead to prolonged vacancy periods, impacting cash flow.
Additionally, the typical home value in ZIP 43522 is $253,949, while the median income is $76,583. This disparity suggests that many residents may struggle to afford routine maintenance and repairs, potentially leading to deferred maintenance issues. Landlords must be prepared to handle these costs, which can be substantial and vary widely depending on the property's condition.
However, these risks are mitigated by the high renter density in the area, with 14.6% of residents being renters. High renter density typically correlates with greater demand for rental housing, including units that accept Section 8 vouchers. This demand can provide a steady stream of qualified tenants, reducing the likelihood of extended vacancies and ensuring a more stable income source.
In conclusion, the investment risk for a first-time Section 8 landlord in ZIP 43522 is moderate.
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.