Section 8 Fair Market Rent (FMR) for ZIP 44633 - 2027

Location: Holmes County, OH | Metro: Holmes County, OH

Investment Score for ZIP 44633

N/A

Monthly Rent (2BR)

$1,320

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,000
1 Bedroom	$1,010
2 Bedrooms	$1,320
3 Bedrooms	$1,640
4 Bedrooms	$1,730
5 Bedrooms	$2,007
6 Bedrooms	$2,248
7 Bedrooms	$2,428
8 Bedrooms	$2,549

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,640	$306,461	0.54%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,496

Median Household Income

$64,688

Housing Units

784

Renter Percentage

24.3%

Occupancy Rate

98.3%

Renter Occupied

187

The town of Clinton, located in Middlesex County, Connecticut, represented by ZIP code 44633, offers a stable housing market with a mix of rental and homeownership opportunities. The area benefits from a blend of suburban tranquility and proximity to urban amenities, making it attractive to both tenants and property owners.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metropolitan area for fiscal year 2026 is set at $1,120. This figure provides a benchmark for rental pricing and reflects the economic conditions expected in the coming years.
The market rent for a similar two-bedroom unit, based on Census American Community Survey (ACS) data, stands at $1,030. This indicates that the actual rents in Clinton are slightly below the FMR, suggesting a balanced market where landlords can adjust their rates to stay competitive.
The median home value in ZIP 44633 is $339,163. This price point is indicative of a middle-class neighborhood, offering affordability to first-time buyers and investment opportunities for those looking to enter the market.
Renters make up 24.3% of the population, which means there's a substantial demand for rentals, but also a significant portion of owner-occupiers, reflecting a diverse housing landscape.
The median household income in the area is $64,688. This level of income suggests that residents have the financial capacity to afford modest housing costs, supporting the local rental and homeownership markets.
The Days on Market (DOM) data is currently unavailable, indicating either a very active market where properties sell quickly, or a lack of recent sales data to accurately gauge the speed of transactions.

For landlords and small-portfolio investors, Clinton presents a solid investment opportunity. With rental prices below the FMR, there is potential for modest increases without pricing out the local market. The median home value supports a reasonable cost basis for investment properties, while the income levels suggest that tenants can comfortably cover rent. The mix of renters and homeowners ensures a steady demand for both types of housing, making Clinton a reliable choice for those seeking stability and growth in their real estate investments.

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.