Location: Tuscarawas County, OH | Metro: Tuscarawas 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 | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,280 | $276,679 | 0.46% | F |
| 4BR | $1,510 | $324,931 | 0.46% | F |
U.S. Census Bureau data (2024)
The Section 8 analysis for ZIP code 44680 is straightforward given the disparity between the Fair Market Rent (FMR) and the actual market rent. The FMR for the area in fiscal year 2024 is set at $910, while the Census American Community Survey (ACS) reports the average market rent at $834. This creates a gap of $76, or approximately 9%, in favor of the FMR.
This gap makes the ZIP code a prime candidate for a yield play for landlords and small-portfolio investors. Voucher tenants provide a guaranteed source of rental income that is typically close to the FMR. In this case, landlords can expect to receive $910 per month, which is above the current market rate. This advantage allows property owners to either increase their profit margins or cover higher maintenance and operational costs without compromising their yields.
The context of the ZIP code further supports this analysis. With 29.1% of residents being renters and a median home value of $253,297, it indicates a diverse housing market where both homeowners and renters coexist. Additionally, the median income of $69,509 suggests that there is a segment of the population that may benefit from housing vouchers due to affordability constraints.
Investing in properties that cater to voucher tenants in ZIP 44680 ensures a stable cash flow that exceeds the typical market rent. This strategy leverages the government's commitment to supporting affordable housing, thereby offering a reliable investment opportunity for those looking to capitalize on the discrepancy between FMR and actual market rents.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.