Location: Wayne County, OH | Metro: Holmes 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 | $810 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,370 | $277,143 | 0.49% | F |
U.S. Census Bureau data (2024)
The median income in ZIP code 44611 stands at $68,809, which provides a solid baseline for assessing rental affordability. However, the absence of specific market rate data makes it challenging to determine if households can comfortably cover typical rental costs. What we do know is that the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,010. This figure represents the voucher payment standard, which is a key benchmark for landlords considering whether to accept housing vouchers.
Given the low percentage of renters—only 6.6% of the total population of 2,259—it's evident that the demand for rental properties is relatively modest. This means that landlords face limited competition from other property owners when seeking tenants. However, the affordability gap between the median income and the FMR suggests that many potential renters might struggle to find housing without assistance.
The takeaway for landlords is clear: accepting housing vouchers can be a strategic advantage. While the voucher payment standard of $1,010 may seem lower than what could potentially be charged in a cash-pay scenario, the reality is that the rental market in ZIP 44611 is likely to be tight. Vouchers ensure a steady stream of income and reduce the risk of vacancy, especially given the modest number of renters and the significant portion of the median income that would typically go toward rent without assistance.
Landlords should consider the long-term benefits of voucher acceptance, including the stability of having government-backed rent payments. This strategy can help secure a tenant base that might otherwise be unable to afford the area's rental rates, ensuring consistent occupancy and financial security.
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.