Location: Wayne County, OH | Metro: Wayne 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 | $760 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,090 | $198,405 | 0.55% | F |
| 3BR | $1,320 | $248,669 | 0.53% | F |
| 4BR | $1,540 | $309,226 | 0.5% | F |
| 5BR | $1,786 | $386,403 | 0.46% | F |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $1,050 for ZIP 44667 (Orrville, OH) in metro FY 2026, landlords can anticipate a significant opportunity to align their rental properties with government standards. The Census ACS reports a market rent of $887, indicating a potential gap where properties priced at the FMR can attract both private tenants and those participating in housing assistance programs. The median home value stands at $235,418, suggesting a moderate real estate market that could support steady investment growth. With 31.2% of the population being renters, there's a notable demand for rental properties, which is crucial for landlords looking to maximize occupancy rates. The median income of $75,616 provides insight into the economic stability of the area, implying that residents have the financial capacity to meet higher rental costs without straining their budgets. While the days on market (DOM) and percentage of price-cut share are not available, the existing data points towards a balanced rental market where Section 8 vouchers could play a pivotal role in ensuring consistent tenant income. The combination of a slightly above-market FMR and a substantial renter share creates an environment where Section 8 participation can be highly beneficial. Landlords in ZIP 44667 should consider the advantages of enrolling in Section 8 to tap into a reliable source of rental income.
Section 8 verdict: Enroll for stable, long-term returns.
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.