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 | $770 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $211,986 | 0.48% | F |
| 3BR | $1,270 | $252,073 | 0.5% | F |
| 4BR | $1,700 | $349,060 | 0.49% | F |
U.S. Census Bureau data (2024)
The ZIP code 43844, encompassing Warsaw, OH, presents a market in flux. The Fair Market Rent (FMR) for the area, set at $1,050 for the fiscal year 2026, indicates a level that exceeds the current market rent of $711, as reported by the Census Bureau's American Community Survey. This suggests that rental prices have room to grow, aligning with broader economic trends and potentially signaling an upward trajectory in the rental market.
The median home value of $217,189 provides a baseline for understanding the overall cost of homeownership in the region. However, the absence of specific data on price-cut shares and days on market (DOM) makes it challenging to definitively state whether supply currently outpaces demand or vice versa. Typically, if there were a surplus of homes, we would expect to see higher price-cut shares and longer DOM periods, but without these figures, we can only infer based on other available metrics.
A noteworthy statistic is the 14.7% share of renters in the area. While this percentage is relatively low, it points to a significant portion of the population that may be under housing pressure, especially if they aspire to homeownership. This dynamic could indicate a potential for increased demand for rentals over time, particularly if economic conditions make homeownership less attainable for some residents. In essence, the current rental market in Warsaw, OH, is characterized by a balance between affordability and the prospect of rising rents, reflective of the broader housing landscape.
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.