Location: Columbiana County, OH | Metro: Weirton-Steubenville, WV-OH MSA
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 | $830 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,400 | $234,475 | 0.6% | F |
U.S. Census Bureau data (2024)
The ZIP code 43930, with a population of 1,017, has a relatively modest percentage of renters at 9.7%. This indicates that it is not a renter-heavy area but rather a community where homeownership is more prevalent. The median household income stands at $68,382, which provides some context when evaluating the potential impact of Section 8 vouchers on the rental market.
Market rent figures are currently unavailable for this specific ZIP code, making direct comparisons challenging. However, we can use the Fair Market Rent (FMR) as a benchmark for assessing affordability. The FMR for ZIP 43930 is set at $870 for fiscal year 2024, reflecting the maximum amount a Section 8 tenant can be expected to pay toward their rent.
To gauge how typical rent might compare to local incomes, consider that if the market rent were similar to the FMR, then the rent would constitute approximately 12.7% of the median household income. This calculation is derived from dividing the FMR ($870) by the median household income ($68,382) and multiplying by 12 to annualize the rent figure. This percentage is within a range that many households could manage comfortably, especially considering that Section 8 vouchers cover the difference between the tenant's contribution and the total rent.
A landlord in ZIP 43930 should anticipate a tenant pool that includes individuals who rely on Section 8 vouchers to afford housing. These tenants will likely be single parents, elderly individuals, or those with disabilities, all of whom are typically eligible for the program. The presence of these tenants can provide a steady and reliable source of income, given that the government covers a significant portion of the rent.
Despite the homeowner-dominated nature of the area, the availability of Section 8 vouchers can attract a segment of the population that is otherwise unable to enter the rental market due to financial constraints. Landlords should be prepared to meet the requirements of the Section 8 program, including regular inspections and rent certification processes, to ensure compliance and maintain eligibility for federal subsidies.
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.