Location: Tuscarawas County, OH | Metro: Coshocton County, OH
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 | $900 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 4BR | $1,670 | $390,909 | 0.43% | F |
| 5BR | $1,937 | $508,035 | 0.38% | F |
U.S. Census Bureau data (2024)
The ZIP code 43804 is profiled as having a moderate tenant pool suitable for Section 8 housing. With a population of 3,425, it stands out that 23.5% of residents are renters, indicating a significant but not overwhelming demand for rental properties. The median household income in this area is $71,488, which provides a basis for understanding the financial landscape.
A typical market rent of $950 in this ZIP code represents approximately 13.3% of the median household income. This suggests that while rent is a notable expense, it is manageable for most households given their income levels. However, comparing this to the Fair Market Rent (FMR) of $1,100 set for FY 2026 in the metro area, it's clear that the actual market rent is below the FMR, indicating potential affordability for tenants with vouchers.
The presence of a $950 market rent is favorable for landlords participating in the Section 8 program, as it aligns well with the subsidy amounts available. Given the FMR of $1,100, landlords can expect a reasonable balance between the subsidy and their own rent expectations, without overburdening tenants who might have additional income sources or smaller families.
The expected tenant profile in ZIP 43804 includes individuals and families who are likely to be receiving some form of rental assistance due to lower income levels relative to the area. Landlords should anticipate tenants who are responsible and seeking stable housing environments, often with a preference for affordable living options. These tenants are typically vetted through the Section 8 program, ensuring they meet certain criteria regarding income and eligibility.
In conclusion, ZIP 43804 offers a balanced opportunity for landlords interested in Section 8 tenants. While not dominated by renters, the area has a sufficient number of potential tenants who could benefit from the voucher system, making it a viable option for those looking to participate in the program. The alignment of market rents with the FMR ensures that both landlords and tenants can find mutually beneficial arrangements, fostering a stable rental market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.