Location: Tuscarawas County, OH | Metro: Canton-Massillon, OH MSA
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 | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $170,334 | 0.59% | F |
| 3BR | $1,250 | $241,655 | 0.52% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 44656, Mineral City, OH, presents a nuanced scenario for landlords and small-portfolio investors. With a median home value of $208,626, the area reflects a stable housing market that has yet to show significant volatility. The lack of percentage of listings being reduced indicates a steady demand for properties at their listed prices, suggesting that sellers have maintained pricing power without the need for frequent price adjustments.
The median days on market (DOM) being listed as N/A points to either an exceptionally quick turnover of homes or a lack of recent sales data, which could imply a robust local economy supporting property purchases. This signals a strong potential for maintaining or even slightly increasing asking prices, as buyers are likely willing to meet or exceed the listed values without extended periods of negotiation.
On the rental side, the Fair Market Rent (FMR) for ZIP 44656 is projected to be $860 for fiscal year 2024, compared to the current market rate of $791 based on Census ACS data. This suggests that rental income could see a modest increase as the market adjusts to the higher FMR, benefiting long-term investors who can afford to hold properties for extended periods.
For long-hold investors, the setup in Mineral City implies a realistic appreciation thesis, driven by both the stable housing market and the gradual upward trend in rental rates. While significant jumps in property value are not indicated by the data, the consistent growth in rental prices supports a strategy of holding properties for capital appreciation and rental income growth.
Investors should monitor local economic indicators and any changes in the percentage of listings being reduced, as these factors can influence future pricing power and rental income potential. The current data points towards a market that favors maintaining property values and gradually increasing rental incomes, making it a viable option for those looking to build a sustainable investment portfolio in the region.
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.