Location: Knox 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 | $860 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,470 |
| 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 |
|---|---|---|---|---|
| 3BR | $1,470 | $319,183 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 43843, with a population of 618, has a relatively low percentage of renters at 13.2%. This indicates that it is not a heavily rented area but rather a community where homeownership is more prevalent. The median household income stands at $61,378, which provides a basis for understanding the economic context of potential tenants.
In this ZIP code, the market rent figures are not directly available; however, we can infer the rental dynamics by comparing the median income to the Fair Market Rent (FMR) set at $1,140 for FY 2026 in the metropolitan area. Assuming that typical rents align closely with the FMR, a household earning the median income would spend approximately 22% of their monthly income on rent. This calculation is derived from dividing the annual median income by 12 months and then dividing the monthly rent by this figure, multiplying by 100 to get the percentage.
The comparison to the FMR reveals that the rental market in ZIP 43843 is aligned with broader metropolitan standards. Given the homeowner-dominated nature of the area, landlords should anticipate a smaller pool of Section 8 voucher holders compared to more densely populated rental markets. However, the presence of any Section 8 tenants would still be significant due to the limited number of renters.
The expected tenant profile in this ZIP code includes individuals or families who are likely to benefit from the Section 8 program. These tenants will have their incomes verified and must contribute 30% of their adjusted income towards rent. Landlords should prepare to work with tenants whose income is below the area median, ensuring that they meet the eligibility criteria for the Section 8 housing assistance program.
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.