Location: Holmes County, OH | Metro: Holmes County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 44687, located in Holmes County, OH, presents a unique opportunity for real-estate investors. The HUD Fair Market Rent (FMR) for the area is set at $1,460 for the fiscal year 2026. However, due to the lack of available data on current market rents, it's challenging to make a direct comparison. Based on the FMR alone, landlords can expect that voucher tenants will generally cashflow at this rate, assuming the FMR accurately reflects the market conditions.
To derive the rent-to-price ratio, we would typically compare the monthly rental income to the median home value. Unfortunately, the median home value for ZIP 44687 is also not available, which means we cannot calculate a precise rent-to-price ratio. This ratio is crucial for understanding the relative value of renting versus buying in the area. Without this information, it's difficult to advise on how the two markets compare in terms of investment potential.
The days on market (DOM) and the percentage of homes that require a price cut before selling are important indicators of the local real estate market's health. In ZIP 44687, these figures are currently not available. These metrics help investors gauge the speed and ease with which they can sell their properties, which in turn affects the liquidity of their investments. If the DOM is low and the price-cut share is minimal, it suggests a strong seller's market where properties appreciate quickly and are easy to sell.
The strongest angle for investors in ZIP 44687 is likely to be stability. Given the reliable cash flow from voucher tenants at the HUD FMR and the absence of data suggesting volatile market conditions, stability offers a predictable and consistent return on investment. This makes it an attractive option for those looking to avoid the risks associated with rapidly changing markets.
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.