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 | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,410 | $155,746 | 0.91% | C |
U.S. Census Bureau data (2024)
To classify ZIP code 43932, we must examine both yield and stability metrics closely. The Fair Market Rent (FMR) for ZIP 43932 in fiscal year 2024 is set at $870. This figure is notably higher than the market rent of $745, indicating a potential for above-average rental income if landlords can secure Section 8 tenants. However, the median home value of $91,432 suggests that property values are relatively low, which could limit capital appreciation opportunities.
Moving to stability, ZIP 43932 has a significant portion of its population renting—34.6% of residents are renters. This percentage is crucial because it indicates a robust demand for rental properties. Additionally, the median household income is $54,531, which provides insight into the financial health of the area's residents. While this income level is moderate, it supports the ability of residents to pay rent, contributing to overall stability.
The absence of data on days on market (DOM) makes it challenging to assess the speed at which properties can be rented out. However, given the high percentage of renters and the disparity between FMR and market rent, there is likely a competitive market for Section 8 rentals, which could imply faster turnover rates despite the lack of specific DOM data.
Based on these figures, ZIP 43932 appears to be a zone that offers a balance between yield and stability. The high FMR compared to the market rent suggests a potentially lucrative opportunity for landlords willing to participate in the Section 8 program. However, the low median home value and moderate income levels indicate that while rental income might be stable, it is not a high-yield market suitable for quick flips or rapid capital growth.
In summary, ZIP 43932 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. Landlords should expect consistent rental income but should not anticipate substantial increases in property value or extremely fast rental turnovers.
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.