Location: Muskingum 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 | $1,040 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,190 | $134,369 | 0.89% | C |
| 3BR | $1,480 | $184,358 | 0.8% | C |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP 43811, Conesville, OH, are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,190. This figure represents the maximum amount that the Housing Choice Voucher program will pay for a two-bedroom rental unit in this area.
In comparison, the local market rent for a two-bedroom apartment, according to the Census ACS, averages at $919. This indicates that the SAFMR is higher than the average market rent, which can be beneficial for landlords participating in the program.
To understand what a voucher actually pays, consider the following breakdown:
The SAFMR being set specifically for this ZIP code means that it reflects the unique economic conditions of Conesville, OH. Landlords should note that while the SAFMR is higher than the local market rent, the actual reimbursement received depends on the tenant's income and the utility allowances.
In ZIP 43811, landlords might find themselves with a surplus when renting a two-bedroom apartment to a Section 8 tenant. Given the local market rent of $919, the voucher reimbursement of $740 plus the tenant's contribution of $450 totals $1,190, exceeding the market rate by $271. This surplus can be significant for landlords looking to cover maintenance costs, property taxes, or simply to ensure a steady income stream.
However, it’s important to remember that the SAFMR is a ceiling, not a floor. Landlords must negotiate rents within the parameters set by the program, and the final amount paid by the voucher program cannot exceed $1,190 for a two-bedroom unit in ZIP 43811.
In summary, landlords in ZIP 43811 can expect a typical reimbursement gap or surplus when renting a two-bedroom apartment under the Section 8 program. With the SAFMR at $1,190 and the local market rent at $919, there is a surplus of $271 per unit, assuming the negotiated rent is at the market level. This makes participating in the Section 8 program financially viable for landlords in this area.
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.