Location: Columbiana County, OH | Metro: Columbiana County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
$970 is the Fair Market Rent (FMR) for the metro area in fiscal year 2026. This figure is critical for understanding the rental market dynamics in ZIP 44492.
N/A is the current market rent for the area, indicating a lack of recent data on average rental prices. Landlords should consider the FMR as a guideline for setting competitive rental rates.
N/A is the median home value, which suggests limited data on typical property values in the area. However, nearby cities such as East Liverpool and Wellsville have median home values of $102,529 and $106,207 respectively, providing some context.
N/A is the percentage of renters in the area, making it difficult to assess the demand for rental properties. Nonetheless, the presence of multiple listings for sale and rent indicates an active market.
N/A is the median income for ZIP 44492, another piece of data that is currently unavailable. Understanding the local income levels is essential for aligning property pricing and rental rates with the economic realities of the area.
N/A is the number of days on market (DOM) for properties in ZIP 44492, suggesting that there is no recent data available to gauge how quickly properties are selling. However, similar searches show properties listed for varying lengths, indicating variability in the market.
N/A is the percentage of price-cut shares among listings, meaning there is no recent trend data on whether sellers are adjusting their prices to meet market conditions.
The two specific listings found include a house priced at $769,000 with 5 bedrooms and 4 bathrooms, and another at $189,900 with 3 bedrooms and 1 bathroom. These examples illustrate the range of property values within the area.
A nearby property listed at $229,000 offers 3 bedrooms and 1 bathroom, showcasing another option for investors looking to enter the market.
Based on the available data, the Section 8 verdict for ZIP 44492 is mixed. While the Fair Market Rent provides a benchmark, the lack of recent market-specific data makes it challenging to offer a definitive recommendation. Investors should proceed with caution and seek additional local insights before committing to the area.
Data Sources: FMR data from HUD (2027).
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.