Section 8 Fair Market Rent (FMR) for ZIP 43767 - 2027

Location: Muskingum County, OH | Metro: Muskingum County, OH

Investment Score for ZIP 43767

N/A
Monthly Rent (2BR)
$1,020
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$880
1 Bedroom$880
2 Bedrooms$1,020
3 Bedrooms$1,380
4 Bedrooms$1,520
5 Bedrooms$1,763
6 Bedrooms$1,975
7 Bedrooms$2,133
8 Bedrooms$2,240

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,380 $301,071 0.46% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,443
Median Household Income
$75,580
Housing Units
614
Renter Percentage
0.7%
Occupancy Rate
98.5%
Renter Occupied
4

75580 The median income in ZIP 43767 is $75,580, indicating a modest economic base. 281379 With a median home value of $281,379, it's clear that the housing market in this area is relatively stable and affordable. 850 Market rent, as per Census ACS data, stands at $850, which is notably lower than the Fair Market Rent (FMR) for the metro area in fiscal year 2026. 1010 The FMR for ZIP 43767 is set at $1,010, providing a benchmark for rental properties that landlords should aim to meet or slightly exceed to remain competitive while still being attractive to potential tenants. 07 The low renter share of 0.7% suggests that homeownership is predominant, which could impact the demand for rental properties. However, the discrepancy between the FMR and the actual market rent indicates a significant opportunity for landlords to increase their rental income without pricing out tenants. 75580 Given the median income, most residents can afford the $850 market rent but might struggle with the higher FMR. This presents a strategic advantage for landlords who can position their rents closer to the market rate, thereby attracting more tenants. 1010 The gap between the FMR ($1,010) and the market rent ($850) also opens up possibilities for Section 8 vouchers, which cover up to the FMR. 850 Landlords in ZIP 43767 should consider the market rent as a starting point and evaluate the potential benefits of accepting Section 8 tenants, who can help fill vacancies and provide steady, government-backed rental income. 1010 Accepting Section 8 vouchers allows landlords to charge closer to the $1,010 FMR, thus maximizing their rental revenue while ensuring affordability for tenants.

850 In conclusion, the data points towards a favorable environment for landlords willing to engage with Section 8 programs. 1010 With the ability to charge up to $1,010 through these vouchers, landlords can achieve better rental yields compared to the current market rates. 850 At the same time, they can cater to a segment of the population whose income levels align closely with the $850 market rent. 1010 For small-portfolio investors, the combination of a modest median income and a lower market rent compared to the FMR makes Section 8 participation a prudent investment strategy in ZIP 43767. 1010 Verdict: Section 8 participation is a viable option for increasing rental income in ZIP 43767.

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.