Location: Guernsey County, OH | Metro: Guernsey County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,140 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $2,420 |
| 5 Bedrooms | $2,807 |
| 6 Bedrooms | $3,144 |
| 7 Bedrooms | $3,396 |
| 8 Bedrooms | $3,566 |
U.S. Census Bureau data (2024)
ZIP code 43768, located within the Guernsey County, OH metro area, exhibits characteristics that position it as a mid-tier neighborhood relative to other ZIP codes in the county. The Fair Market Rent (FMR) for the area is set at $1,450 for fiscal year 2026, which aligns closely with the overall metro average. This suggests that rental prices in 43768 are neither exceptionally low nor high compared to the broader Guernsey County market.
The market rent figure for 43768 stands at $1,258, slightly below the FMR. This indicates that while rents are not significantly discounted, they are also not inflated above what the market would typically bear. The absence of specific home value data for 43768 could imply that homeownership is less prevalent in this ZIP code, which is supported by the higher-than-average renter share of 40.2%. In comparison, the typical Guernsey County ZIP code might have a lower percentage of renters, suggesting that 43768 leans more towards being a rental-focused area.
The combination of a relatively high renter share and below-FMR market rent prices can be indicative of a Section 8 sweet spot. Landlords and small-portfolio investors should take note of the potential for a robust demand from tenants eligible for housing assistance programs, which can provide a stable source of income without the volatility often associated with market-rate rentals.
To further contextualize 43768's standing within the Guernsey County, OH metro, consider the following:
The FMR of $1,450 is designed to reflect the cost of modest housing in the area and is used as a benchmark for determining eligibility for housing assistance programs. Given that the actual market rent is lower, it may attract more tenants who qualify for subsidies.
The 40.2% renter share is notably higher than the national average, which is around 35%. This higher share could mean that there is a larger population of renters who may rely on government assistance, making it a strategic location for landlords looking to tap into the Section 8 program.
While the exact home values are not available, the higher renter share and slightly below-average market rent suggest that 43768 is a mid-tier neighborhood with a focus on rental properties, potentially offering a balance between affordability and stability for both landlords and tenants.
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.