Location: Toledo, 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 | $950 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,680 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,320 | $225,497 | 0.59% | F |
| 3BR | $1,680 | $252,299 | 0.67% | D |
| 4BR | $1,800 | $397,624 | 0.45% | F |
| 5BR | $2,088 | $541,304 | 0.39% | F |
U.S. Census Bureau data (2024)
ZIP 43537, located in Maumee, OH, within the Toledo, OH MSA metro area, serves as an ideal cash-flow anchor for a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $1040, which is significantly lower than the market rent of $1786. This creates a substantial spread that benefits landlords by ensuring a reliable source of rental income.
The median home value in ZIP 43537 is $277,735. While this figure is important for understanding the overall property values in the area, the key metric for a Section 8 portfolio is the FMR compared to the market rent. With a difference of $746 per month, landlords can expect steady cash flow above the guaranteed Section 8 payment, providing financial stability and predictability.
To further solidify its role as a cash-flow anchor, consider the low price-cut share of 0.2%, indicating that few properties are being discounted to attract tenants. Additionally, the Days on Market (DOM) of 21 days shows that properties are rented quickly, reducing vacancy rates and associated costs. These factors contribute to a robust cash flow scenario where landlords can rely on consistent income without the need for frequent adjustments or discounts.
While the renter share stands at 31.4%, and the median income is $82,752, these elements do not overshadow the primary advantage of the significant spread between FMR and market rent. Landlords should focus on the immediate cash flow benefits rather than speculative appreciation plays or diversification strategies in this case.
In conclusion, ZIP 43537 is best suited as a cash-flow anchor within a Section 8 portfolio due to the favorable spread between the FMR and market rent, coupled with quick rental times and minimal price-cutting. This makes it a reliable component for generating stable income streams.
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.