Location: Coshocton County, OH | Metro: Coshocton County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 43836 is set at $970 for the fiscal year 2026. This figure represents the payment standard for Section 8 housing vouchers in the area, which means it's the maximum amount the government will pay landlords on behalf of eligible tenants. It's important to note that this is not the rent you can charge your tenants; it's the reimbursement limit from the housing authority.
While the local median rent is currently listed as N/A, the 21.8% share of renters in the area indicates a significant demand for affordable housing options. This percentage tells us that over one-fifth of the households in 43836 are renters, many of whom could benefit from Section 8 vouchers.
The acquisition cost for properties in this area is also listed as N/A, which means you'll need to do additional research to determine if the property value aligns with the expected income from a Section 8 tenant. Generally, landlords should aim to purchase properties where the monthly voucher payment covers at least 70-80% of the total monthly costs including mortgage, insurance, taxes, and maintenance.
Before deciding to accept a Section 8 tenant, verify that the property meets all the required inspection standards. The housing authority will conduct an inspection to ensure the unit is safe and livable. Make sure the unit is up to code and any necessary repairs are completed to avoid delays in the process.
In summary, the FMR of $970 provides a benchmark for the reimbursement you can expect from the government. With a substantial portion of the population renting, there is a clear market for affordable housing. However, it's crucial to ensure that the property's condition and location make it a viable investment given the reimbursement limits.
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.