Location: Holmes County, OH | Metro: Holmes County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
U.S. Census Bureau data (2024)
51.9% of residents in ZIP 44690 are renters, indicating a strong demand for rental properties in the area. This high percentage suggests that landlords can find a substantial tenant base willing to occupy their units. However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which represents the maximum amount Section 8 participants can pay for housing. While the median home value and market rent are currently unavailable, the significant renter population implies that rental properties could be attractive to investors looking to tap into government-subsidized housing programs.
Despite the lack of specific data on median income, the day-on-market (DOM) and price-cut share percentages, it's evident that the rental market in ZIP 44690 is robust due to the high renter share. Landlords should consider aligning their rental rates with the FMR to ensure their properties remain competitive and appealing to potential tenants. The absence of detailed pricing trends and DOM data might indicate a stable market where properties are quickly occupied without needing to be listed for extended periods or discounted heavily.
The verdict on Section 8 participation for ZIP 44690 is positive, given the high renter share and the established FMR of $970. Investors should focus on properties that meet the program's requirements and can be rented out at or below the FMR to capitalize on the strong demand for affordable housing in the area.
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.