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 | $770 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $336,012 | 0.32% | F |
| 3BR | $1,300 | $371,740 | 0.35% | F |
| 4BR | $1,450 | $454,617 | 0.32% | F |
| 5BR | $1,682 | $490,963 | 0.34% | F |
U.S. Census Bureau data (2024)
The ZIP code 44627, located in Fredericksburg, OH, stands out within Holmes County due to its unique data profile. With a total population of 7,086 residents, 17.5% of whom are renters, the area boasts a median income of $84,010. The median home value in ZIP 44627 is notably high at $408,000, reflecting a robust housing market.
For landlords and small-portfolio investors, the economic dynamics of the voucher system are particularly relevant. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $990, while the current market rent, according to Census ACS data, is $827. This discrepancy means that landlords participating in the Section 8 program can expect higher rental payments compared to the local market rates, which could be beneficial for maintaining profitability in the region.
The data signature for ZIP 44627 suggests a stable environment. The relatively low percentage of renters indicates a strong owner-occupied presence, which contributes to long-term stability. Additionally, the median income being above the national average supports the ability of residents to sustain their living expenses, including mortgage payments and other household costs. The median home value also points towards a mature market with established property values, further reinforcing the stability of the area.
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.