Location: Perry County, OH | Metro: Perry 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 | $850 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $219,827 | 0.45% | F |
| 3BR | $1,260 | $285,182 | 0.44% | F |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $920 for zip code 43748 in Junction City, OH, for fiscal year 2024, landlords can expect a significant difference when compared to the average market rent of $747 reported by the Census Bureau's American Community Survey. This gap suggests an opportunity for landlords to leverage Section 8 contracts to achieve higher rental incomes. The median home value stands at $220,199, indicating a moderate housing market where property values are stable but not excessively high. Given that 26.1% of residents are renters, there is a substantial demand for rental properties in the area, which could benefit both landlords and small-portfolio investors looking to capitalize on this trend.
The median income of $75,644 provides insight into the economic health of the area, suggesting that while not exceptionally wealthy, Junction City has a middle-class population capable of supporting rental markets. Although the days on market (DOM) and the percentage of homes that have had their prices cut are not available, the absence of these figures implies a steady market without excessive inventory or price adjustments, which is generally favorable for landlords.
Investors should note that the discrepancy between the FMR and the market rent indicates a potential for increased profitability through Section 8 participation. However, it is also important to consider the overall economic context and the local demand for rental properties. With a solid renter share and a reasonable median income, Junction City presents a balanced environment for real estate investments.
In conclusion, for zip code 43748, the Section 8 program offers a viable option for landlords and small-portfolio investors, with the potential to secure rents above the average market rate. The verdict on Section 8 for Junction City, OH is positive, given the favorable FMR and strong tenant demand.
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.