Location: Tuscarawas County, OH | Metro: Tuscarawas County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The ZIP code 44671 presents an interesting scenario for both renters and landlords alike. The median income here stands at a robust $128,917. However, the market rate for rent is listed as N/A, which suggests either a lack of sufficient rental data or an exceptionally low number of rental units available. This scarcity is further highlighted by the fact that only 0.0% of the residents are renters, indicating a predominantly owner-occupied area.
Despite the high median income, the absence of market rate data makes it challenging to assess the overall affordability of renting in this area. Nevertheless, we can compare the voucher payment standard to the metro Fair Market Rent (FMR) of $1,130 for fiscal year 2026. Given the high median income, it is likely that the actual market rates would be significantly higher than the voucher standard, making it less attractive for those relying on vouchers to find housing.
The extremely low percentage of renters and the total population of 119 imply a very limited pool of potential tenants. For landlords considering whether to accept Section 8 vouchers or focus on cash-paying tenants, the decision should lean heavily towards cash-paying strategies. The high median income suggests that there could be a significant number of households capable of paying above the voucher standard, thus potentially offering a more lucrative rental income.
In conclusion, the ZIP code 44671 offers a unique challenge and opportunity for landlords. With a high median income and very few renters, the competition for tenants is minimal. Landlords should prioritize attracting cash-paying tenants who are more likely to pay market rates, which are expected to be well above the $1,130 voucher standard. This strategy will maximize rental income and align better with the economic profile of the area.
Data Sources: FMR data from HUD (2027). 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.