Section 8 Fair Market Rent (FMR) for ZIP 43524 - 2027

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

Investment Score for ZIP 43524

N/A

Monthly Rent (2BR)

$1,000

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$800
1 Bedroom	$810
2 Bedrooms	$1,000
3 Bedrooms	$1,340
4 Bedrooms	$1,690
5 Bedrooms	$1,960
6 Bedrooms	$2,195
7 Bedrooms	$2,371
8 Bedrooms	$2,490

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,340	$209,978	0.64%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,170

Median Household Income

$60,882

Housing Units

550

Renter Percentage

16.1%

Occupancy Rate

90.5%

Renter Occupied

The ZIP code 43524, located in the heart of the Midwest, offers a stable real estate market with a mix of single-family homes and rental properties. This area has seen consistent demand from both homeowners and renters, making it an attractive investment opportunity for those looking to enter or expand their presence in the local housing market.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, providing a benchmark for rental pricing in the region.
The market rent, based on Census American Community Survey (ACS) data, stands at $882, indicating that there is potential for rental rates to increase towards the FMR level.
The median home value in ZIP 43524 is $188,883, reflecting the affordability of the housing market and offering good opportunities for property appreciation.
Renters make up 16.1% of the housing market, suggesting a moderate but steady demand for rental properties.
The median income in the area is $60,882, which supports the ability of residents to afford housing costs, whether through renting or purchasing homes.
Note: The data on days on market (DOM) for rental listings is currently N/A, which may indicate either a lack of recent turnover or a well-balanced supply and demand scenario.

Investors in ZIP 43524 can expect a balanced market where rental properties are likely to see steady occupancy rates and modest growth in rental values. With the median home value below the national average and a solid median income, there is room for both rental and homeownership investments to thrive. The gap between the current market rent and the FMR presents an opportunity for rental property owners to gradually increase their rents while remaining competitive in the local market. However, the absence of days on market data suggests caution in assessing the speed of rental property turnovers, though the overall stability of the market should provide confidence in long-term investment strategies.

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.