Location: Monroe County, OH | Metro: Monroe County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
U.S. Census Bureau data (2024)
ZIP 43915, located in Monroe County, OH, can serve as a cash-flow anchor in a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which exceeds the median market rent of $742. This creates a positive spread of $228, ensuring that landlords can cover their expenses and generate a modest profit when participating in the Section 8 program.
The median home value in ZIP 43915 is $157,496, indicating a relatively affordable market for property acquisition. However, the primary focus for landlords should be on the rental aspect rather than the potential for appreciation, given that there is no significant indication of price cuts or days on the market (DOM) that would suggest a rapidly appreciating market.
While ZIP 43915 has a renter share of 9.7% and a median income of $74,405, these factors do not necessarily make it a diversifier. The renter share is low, and the median income suggests that tenants might struggle to afford market rents without assistance. Therefore, relying on the Section 8 program is essential to ensure steady rental income.
In conclusion, ZIP 43915 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The favorable spread between the FMR and market rent ensures that landlords can maintain positive cash flow while managing properties in a stable, affordable market.
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.