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 | $760 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $282,213 | 0.36% | F |
| 3BR | $1,260 | $316,156 | 0.4% | F |
| 4BR | $1,680 | $423,130 | 0.4% | F |
| 5BR | $1,949 | $498,022 | 0.39% | F |
U.S. Census Bureau data (2024)
The ZIP code 43824, located in Fresno, OH, falls within the Tuscarawas County, OH metro area. Its Federally Market Rate (FMR) for fiscal year 2026 is set at $970, which is slightly above the market rent of $909. The median home value in this ZIP code is $312,131, and it has a renter share of 14.3%. To understand how 43824 compares to other ZIP codes within Tuscarawas County, we must consider these figures in context.
The FMR of $970 is higher than the market rent, indicating that federally subsidized housing in this area might be priced slightly above what the market would naturally bear. This suggests that landlords could potentially charge slightly more for Section 8 units without exceeding the federal guidelines.
The median home value of $312,131 is a key figure. It represents a substantial investment but also reflects the overall property values in the area. For comparison, if the average home value in Tuscarawas County is lower, then 43824 could be considered a mid-tier neighborhood. However, if the county's average home value is higher, then 43824 might represent a value pocket where properties are relatively more affordable.
A renter share of 14.3% is significant. In many areas, a higher percentage of renters can indicate a greater demand for rental properties, including those under Section 8. If this percentage is notably higher than the average for Tuscarawas County, it could suggest that 43824 is attracting a larger number of tenants who may benefit from federal assistance programs. A high renter share combined with below-average home values in the county could indeed signal a sweet spot for Section 8 investments, as there is both a demand for rental units and an affordability factor that makes them attractive to tenants receiving subsidies.
To conclude, based on the provided figures, ZIP 43824 appears to be a mid-tier neighborhood within the Tuscarawas County metro. Its home values are substantial, yet its FMR and market rent figures are close enough to suggest a balanced market. The notable 14.3% renter share points to a potential advantage for landlords interested in Section 8 properties, especially if this ZIP's home values are below the county average, making it a valuable consideration for small-portfolio investors looking for a mix of stable returns and federal support.
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.