Location: Tuscarawas County, OH | Metro: Tuscarawas County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 44678 within the Tuscarawas County, OH metro area reveals several critical points for landlords and small-portfolio investors.
The first question addresses whether the rent math works. The Fair Market Rent (FMR) for the area is set at $1,020 for fiscal year 2026. However, the lack of available market rent data means that we cannot directly compare the FMR against what tenants are currently paying. This gap in information suggests a need for further investigation into local rental pricing trends before making investment decisions.
Moving on to the affordability of property acquisition, the absence of data on median home values, days on market (DOM), and the percentage of price cuts shared among sellers indicates that there is insufficient information to determine if purchasing properties in this ZIP code is financially viable. Landlords and investors must seek out detailed real estate market reports to understand the cost of acquiring properties and the typical time frame for selling them.
The third question concerns tenant demand. With a total population of 176, the ZIP code has a reported 0.0% renter share. This statistic implies a significant challenge in finding tenants willing to rent properties, as it suggests that virtually all residents own their homes. The low population and lack of renters could make it difficult to sustain a rental business model in this area.
Verdict: Investment in ZIP code 44678 presents challenges due to limited market rent data and an extremely low renter share. Without a substantial number of potential renters, the viability of a rental property venture is questionable. Additionally, the absence of key real estate metrics such as median home values and typical sales conditions makes it difficult to assess the financial feasibility of property acquisition. Investors should proceed with caution and conduct thorough research into local real estate trends and tenant demographics before considering any investments in this ZIP code.
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.