Location: Huron County, OH | Metro: Mansfield, OH MSA
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 | $840 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,210 | $165,223 | 0.73% | D |
| 3BR | $1,600 | $243,736 | 0.66% | D |
| 4BR | $1,860 | $354,265 | 0.53% | F |
U.S. Census Bureau data (2024)
The ZIP code 44878, located in Shiloh, OH within Richland County, stands out due to its relatively low rental rate compared to the federal fair market rent (FMR), which can be a significant factor for landlords and small-portfolio investors. With only 17.0% of the 2,712 residents renting, the area has a predominantly owner-occupied housing market. The median income of $74,821 is higher than the national average, indicating a financially stable community. Additionally, the median home value of $221,918 suggests that homeownership is both attainable and valuable in this region.
From an economic perspective, the voucher dynamics in ZIP 44878 present a favorable opportunity for landlords. The federal fair market rent for the zip code for fiscal year 2024 is set at $990, while the actual market rent based on Census ACS data is approximately $604. This discrepancy means that landlords who accept Section 8 vouchers could receive a higher rent subsidy compared to the local market rates, potentially increasing their net income from rental properties.
The data signature for ZIP 44878 indicates a stable environment, characterized by a moderate level of renters and a healthy median income. Given these factors, landlords and investors can expect steady demand for rental properties, especially those willing to participate in the Section 8 program. The gap between FMR and market rent suggests a positive outlook for those looking to maximize returns through government assistance programs.
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.