Location: Wyandot County, OH | Metro: Seneca 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 | $810 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,330 | $219,841 | 0.6% | D |
U.S. Census Bureau data (2024)
The ZIP code 44844 presents a dynamic market environment for real estate investors, particularly those interested in Section 8 housing opportunities. With a Fair Market Rent (FMR) of $1,010 for the fiscal year 2026, this area stands as a potential entry point for investors looking to tap into government-subsidized rental programs. The median home value in the region is $199,994, indicating a moderate cost of investment that could be balanced against the rental income potential.
A notable statistic is the 6.8% renter share, which suggests that a significant portion of the population relies on rental housing. This figure points towards ongoing housing pressure, as a higher percentage of renters often indicates challenges in homeownership affordability or accessibility. Such conditions can create a steady demand for rental properties, including those eligible under Section 8 programs, thereby supporting the stability of rental income for investors.
However, the lack of specific data on market rent and the days on market (DOM) for rental listings leaves some ambiguity regarding the immediate balance between supply and demand. Typically, when supply outpaces demand, we would expect to see lower rents and longer times for properties to find tenants. Conversely, if demand exceeds supply, market rents would likely be higher, and DOM shorter. Given the incomplete picture, it's prudent to consider the FMR and median home value as key indicators of the overall economic landscape.
The FMR serves as a benchmark for rental prices, suggesting that landlords in ZIP 44844 can align their rental rates with this figure to attract Section 8 tenants. Meanwhile, the median home value provides insight into the general cost of living and property investment in the area. For small-portfolio investors, these factors combined can offer a promising outlook, especially considering the sustained presence of renters in the community.
In summary, ZIP 44844 offers a market where the demand for affordable rentals is supported by a substantial renter population. While the exact dynamics between supply and demand remain unclear without additional data, the combination of a reasonable FMR and median home value presents a favorable scenario for Section 8 real estate investments.
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.