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 | $920 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,780 |
| 5 Bedrooms | $2,065 |
| 6 Bedrooms | $2,313 |
| 7 Bedrooms | $2,498 |
| 8 Bedrooms | $2,623 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,300 | $204,655 | 0.64% | D |
| 3BR | $1,640 | $279,963 | 0.59% | F |
U.S. Census Bureau data (2024)
Sherrodsville, OH (ZIP 44675), located within the Tuscarawas County, OH metro, presents an interesting mix of housing metrics that can be analyzed to determine its position within the broader market. The Fair Market Rent (FMR) for ZIP 44675 in fiscal year 2024 is set at $1240, which is notably higher than the average market rent of $1,073. This suggests that the government's estimate of what constitutes fair rent in the area is slightly above what tenants are actually paying, indicating potential support for landlords through Section 8 subsidies.
The median home value in Sherrodsville stands at $220,910, which is relatively low compared to other ZIP codes in Tuscarawas County. This figure suggests that the area may attract a demographic with lower income levels, making it a potentially attractive location for landlords who cater to Section 8 participants. Additionally, the 15.6% renter share is a significant indicator of the proportion of residents who might rely on rental assistance programs like Section 8. A higher-than-average renter share combined with below-average home values often points to areas where Section 8 vouchers are commonly used, creating a stable tenant base for landlords.
To summarize, Sherrodsville, OH (ZIP 44675) appears to be a value pocket within the Tuscarawas County, OH metro. Its lower home values and higher-than-average renter share suggest that it is a sweet spot for Section 8 investments. Landlords can expect a steady stream of tenants eligible for rental assistance, which can help mitigate risks associated with vacancy and late payments. However, the slightly higher FMR compared to the actual market rent indicates that landlords might benefit from slightly higher subsidy amounts, providing a modest advantage over market rates.
The following list highlights key metrics:
These figures collectively indicate that Sherrodsville is a prime location for landlords seeking to leverage the benefits of the Section 8 program within a relatively affordable housing market.
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.