Location: Tuscarawas County, OH | Metro: Tuscarawas 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 | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,380 | $213,215 | 0.65% | D |
U.S. Census Bureau data (2024)
23.4% of residents in ZIP code 44629 are renters, indicating a significant portion of the population relies on rental housing. This statistic aligns well with the $995 market rent observed in the area according to Census ACS data, which is slightly above the $980 Fair Market Rent (FMR) for the metro area in fiscal year 2026. Landlords can leverage these numbers to ensure their rental properties are priced competitively yet remain within affordable ranges for potential tenants.
$186,062 stands as the median home value in ZIP 44629, suggesting that homeownership is accessible but not overly abundant, given the relatively high renter share. The median income of $81,625 provides insight into the financial capacity of local residents, helping landlords assess the affordability of their rents relative to the income levels in the community.
N/A-day Days on Market (DOM) and N/A% price-cut share indicate that there isn't enough data to provide a comprehensive analysis of how quickly properties are being rented out or the frequency at which landlords need to reduce their asking prices. However, the lack of specific figures here does not necessarily imply inefficiency; it could mean stability in the market, where properties are rented without significant delays or price adjustments.
Given the alignment between the FMR and market rent, along with the median income levels, landlords and small-portfolio investors in ZIP 44629 should find the Section 8 program a viable option for maintaining occupancy rates and ensuring steady cash flow. The $980 FMR closely matches the $995 market rent, making it likely that Section 8 vouchers will cover the majority of tenants' rental costs without substantial gaps.
The verdict for Section 8 participation in ZIP 44629 is positive, with the program's payment standards being sufficiently close to market rents to support landlord investments effectively.
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.