Location: Tuscarawas County, OH | Metro: Tuscarawas County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
The data for ZIP 44679, located in an unknown part of Ohio, is currently unavailable. However, we can still build a portrait based on the available information and make comparisons with similar neighborhoods.
The median family income in ZIP 44679 is not specified, but it is essential to compare it against the Fair Market Rent (FMR), which stands at $1,020 for the fiscal year 2026. This figure represents the maximum amount that a voucher holder can pay for rent and utilities. If the local market rent is below this threshold, it indicates a potentially profitable investment opportunity for landlords who can offer properties within the FMR limit.
The median home value for ZIP 44679 is also unspecified. To gain insight into the housing dynamics, it would be beneficial to know if the median home value aligns with the typical homeowner's ability to pay. In many cases, areas with lower median incomes may have lower median home values, making them more accessible to voucher holders.
Regarding the percentage of renters, this metric is crucial for understanding the demand for rental properties. A higher percentage of renters usually means a stronger market for rental investments. Unfortunately, the exact percentage for ZIP 44679 is not provided.
In terms of investment strategy, whether ZIP 44679 fits a hands-off voucher operator or a hands-on value-add buyer depends on several factors including the local market conditions and the potential for property appreciation. If the local market rent is significantly lower than the FMR, then a hands-off voucher operator might find success by offering affordable units. Conversely, if there is room for improvement in property quality and market rent is close to FMR, a hands-on value-add buyer could increase rents and improve returns on investment.
To make a well-informed decision, further research is necessary. Specifically, obtaining the current market rent, percentage of renters, median income, and median home value for ZIP 44679 will provide a clearer picture of the investment landscape.
Data Sources: FMR data from HUD (2027).
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.