Location: Seneca 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 | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $820 | $102,561 | 0.8% | D |
| 2BR | $1,070 | $157,256 | 0.68% | D |
| 3BR | $1,280 | $207,218 | 0.62% | D |
| 4BR | $1,410 | $247,008 | 0.57% | F |
| 5BR | $1,636 | $299,977 | 0.55% | F |
U.S. Census Bureau data (2024)
The ZIP code 44883, located in Tiffin, OH, within Seneca County, stands out due to its relatively high median home value of $186,259 compared to the median income of $62,692 for its 28,102 residents. With 30.7% of the population renting, the area has a notable presence of renters who could benefit from Section 8 housing assistance.
The economic dynamics of Section 8 vouchers in ZIP 44883 are particularly favorable for landlords. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,010, while the market rent, as measured by the ZORI (Zillow Rent Index), is $823. This discrepancy means that landlords can receive a higher subsidy rate through Section 8 vouchers, effectively covering more of their rental costs than the average market rate.
Given the data, ZIP 44883 appears to be stable. The balance between median income and median home value suggests a steady financial environment where homeownership is accessible but not without effort, especially for those relying on rental subsidies. The consistent gap between FMR and ZORI indicates a reliable source of income for landlords participating in the Section 8 program, making it an attractive option for small-portfolio investors looking for a predictable revenue stream.
In conclusion, the distinct combination of resident demographics and economic factors in ZIP 44883 makes it a promising location for landlords and investors interested in Section 8 properties. The higher FMR compared to ZORI ensures better compensation for rental units, aligning well with the stable characteristics of the area.
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.