Location: Monroe County, OH | Metro: Monroe County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,480 |
| 5 Bedrooms | $1,717 |
| 6 Bedrooms | $1,923 |
| 7 Bedrooms | $2,077 |
| 8 Bedrooms | $2,181 |
U.S. Census Bureau data (2024)
The analysis of ZIP 43754 reveals critical insights for landlords and small-portfolio investors interested in this area.
The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the Monroe County, OH metro area in fiscal year 2026 is set at $1,060. However, the current market rent, according to Census ACS data, stands at $658. This discrepancy suggests that landlords may find it challenging to justify higher rents based on the current market conditions, potentially leading to lower occupancy rates or increased vacancy periods if they aim to align with the FMR guidelines.
Moving on to the affordability of acquisitions, the data indicates that the median home value, days on market (DOM), and the percentage of homes requiring price cuts are all listed as N/A. This lack of specific data points makes it difficult to assess the typical costs and challenges associated with property acquisition in this ZIP code. Without these figures, landlords cannot accurately gauge how competitive the market is for buying properties or the potential risks involved in overpaying.
Lastly, regarding tenant demand, ZIP 43754 has a total population of 1,623, with only 12.0% being renters. This low renter share implies limited tenant demand, which could be problematic for landlords seeking steady rental income. A smaller pool of potential tenants might mean more competition among landlords for available renters, driving down rental rates further.
In conclusion, ZIP 43754 presents several challenges for real estate investment. The gap between the FMR and actual market rent suggests difficulty in achieving higher rental yields without risking vacancy. The absence of data on median home values, DOM, and price-cut percentages complicates the assessment of acquisition costs and risks. Moreover, the low renter share indicates a weak tenant market, likely leading to reduced rental income potential. These factors collectively suggest that investing in this ZIP code requires careful consideration and strategic planning to overcome the inherent market limitations.
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.