Location: Perry County, OH | Metro: Hocking 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 | $870 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,310 | $137,083 | 0.96% | C |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 43766 in Perry County, Ohio, reveals several key points. The HUD Fair Market Rent (FMR) for the area is set at $870 for the fiscal year 2024. In contrast, the Census American Community Survey (ACS) indicates that the market rent for the same area is $558. This significant difference between the HUD FMR and the actual market rent suggests that voucher tenants can cashflow positively at the HUD FMR rate.
To further understand the investment potential, consider the median home value in ZIP 43766, which stands at $94,597. Using this figure, we can calculate a rent-to-price ratio. At $870 per month, the annual rent is $10,440, leading to an approximate rent-to-price ratio of 11%. This ratio is indicative of a strong rental market relative to property values, suggesting that properties can be rented out effectively without needing to sell them.
The data provided does not include the median days on market (DOM) or the percentage of homes that required price cuts during the selling process. However, given the positive cashflow potential and the strong rent-to-price ratio, it's clear that the rental market is robust and less influenced by the typical challenges faced when selling homes.
The strongest investor angle in ZIP 43766 is cashflow. With voucher tenants paying significantly above the market rent, investors can expect steady and reliable income streams from their properties. This makes Section 8 properties in this area particularly attractive for landlords and small-portfolio investors looking to maximize their financial returns through rental income.
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.