Section 8 Fair Market Rent (FMR) for ZIP 44836 - 2027

Location: Seneca County, OH | Metro: Sandusky County, OH

Investment Score for ZIP 44836

D
Monthly Rent (2BR)
$1,080
Median Price (2BR)
$154,078
1% Rule
0.7%
Annual Yield
8.41%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$800
1 Bedroom$850
2 Bedrooms$1,080
3 Bedrooms$1,310
4 Bedrooms$1,430
5 Bedrooms$1,659
6 Bedrooms$1,858
7 Bedrooms$2,007
8 Bedrooms$2,107

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,080 $154,078 0.7% D
3BR $1,310 $196,975 0.67% D
4BR $1,430 $224,304 0.64% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,496
Median Household Income
$79,299
Housing Units
996
Renter Percentage
14.3%
Occupancy Rate
93.2%
Renter Occupied
133

The ZIP code 44836, located in Green Springs, OH, has a population of 2,496 residents. Only 14.3% of these residents are renters, indicating that it is primarily a homeowner-dominated area rather than a renter-heavy ZIP. This suggests that the demand for housing vouchers, such as those provided through the Section 8 program, may be relatively low compared to areas with higher percentages of renters.

The median household income in this area stands at $79,299, which is above the national average. However, when comparing this figure to the market rent of $841, it becomes evident that the typical rent consumes approximately 11.2% of the local median income. This percentage is calculated by dividing the annual rent ($10,092) by the median household income ($79,299), which implies that the rent is reasonably affordable for most residents in the area.

Fair Market Rent (FMR) for the metro area, set at $1,100 per month for FY 2026, is significantly higher than the actual market rent in Green Springs, OH. This discrepancy indicates that the housing costs in ZIP 44836 are below the regional average, making it potentially attractive for tenants who might be seeking more affordable living options.

A landlord in Green Springs, OH, can expect a tenant profile that includes individuals and families with moderate incomes, many of whom may not qualify for Section 8 vouchers due to the relatively high median income level. The expected tenants would likely be able to afford the current market rents without needing government assistance. Given the lower-than-average rental demand and the presence of a predominantly homeowner population, landlords should focus on attracting tenants who value the community's amenities and are willing to pay the market rate for housing.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.