Location: Wyandot County, OH | Metro: Crawford 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 | $790 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $145,218 | 0.7% | D |
| 3BR | $1,320 | $201,749 | 0.65% | D |
| 4BR | $1,350 | $220,785 | 0.61% | D |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $980 in metro ZIP 44882 for fiscal year 2026, landlords stand to benefit from a slightly higher rental benchmark compared to the Census-reported average market rent of $915. This difference indicates a potential opportunity to adjust rents upwards, aligning them closer to the FMR to capture more of the available rental market. The median home value of $185,335 suggests that while property values are moderate, there is still a reasonable equity stake for investors looking to enter the Sycamore, OH market. Given the 17.4% renter share, it's clear that a significant portion of the population is already in the rental market, which can be a positive sign for landlords seeking steady demand. However, the median income of $73,529 must be considered when setting rent prices, as it influences tenants' ability to pay higher rents. Despite the lack of specific data on days on market (DOM) and price-cut share, the overall economic indicators point towards a stable rental environment. Landlords should ensure their properties meet the necessary standards to attract and retain tenants, given the competitive nature implied by the income and rent figures. In conclusion, the data supports a favorable outlook for Section 8 participation, with the FMR providing a solid basis for rent levels that align with tenant affordability and government subsidies. Verdict: Section 8 is viable in ZIP 44882.
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.