Location: Guernsey County, OH | Metro: Guernsey County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
U.S. Census Bureau data (2024)
The ZIP code 43755 represents a small, tight-knit community with a population of 1,750 residents. Only 14.7% of these residents are renters, indicating a predominantly owner-occupied area. The median household income stands at $68,581, which suggests a middle-class neighborhood. Median home values in this area are relatively low at $170,015, reflecting an affordable housing market.
Turning to the rental economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,210. In contrast, the actual market rent, according to Census ACS data, is significantly lower at $813 per month. This gap between FMR and market rent indicates a potential opportunity for investors who can leverage the higher voucher amounts to cover maintenance costs and property improvements.
Given these conditions, ZIP 43755 is well-suited for both hands-off voucher operators and hands-on value-add buyers. For those looking to maintain a passive investment strategy, the discrepancy between the FMR and market rent means that properties can be rented out to tenants using Section 8 vouchers, providing a steady stream of income without the need for extensive management. Meanwhile, for active investors, the lower median home values present an opportunity to purchase properties at a discount, improve them, and still benefit from the higher voucher rates, potentially increasing cash flow and property value over time.
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.