Section 8 Fair Market Rent (FMR) for ZIP 44890 - 2027

Location: Huron County, OH | Metro: Huron County, OH

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$790
1 Bedroom	$790
2 Bedrooms	$1,010
3 Bedrooms	$1,270
4 Bedrooms	$1,550
5 Bedrooms	$1,798
6 Bedrooms	$2,014
7 Bedrooms	$2,175
8 Bedrooms	$2,284

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

10,382

Median Household Income

$68,587

Housing Units

4,776

Renter Percentage

23.6%

Occupancy Rate

88.1%

Renter Occupied

993

Housing Authorities Serving ZIP 44890

Huron Metropolitian Housing Authority (Norwalk, OH) - 624 Section 8 vouchers

Willard, OH, located in ZIP code 44890, is a small town that offers unique opportunities for real estate investors, particularly those interested in the Section 8 housing market. The area is characterized by its modest living conditions and a significant portion of renters, making it a prime location for landlords and small-portfolio investors looking to tap into government-assisted housing programs.

The Fair Market Rent (FMR) for the metro area, including Willard, OH, for fiscal year 2026 is set at $970. This figure represents the maximum amount that a Section 8 tenant can be expected to pay for rent, which is crucial for determining the viability of rental properties in this area.
The average market rent for the area, according to the latest Census American Community Survey (ACS), is $893. This indicates that landlords could potentially charge slightly above the market rate if they align their rents with the FMR, thus maximizing their profit margins while still being affordable to tenants.
The median home value in Willard, OH, stands at $165,912. This relatively low cost of entry makes it easier for investors to acquire properties without requiring substantial capital outlay.
Renters make up 23.6% of the population, highlighting a significant demand for rental properties in the area. This statistic underscores the potential for steady occupancy rates, especially among those who qualify for Section 8 assistance.
The median household income in the area is $68,587. This suggests that while the income levels are not exceptionally high, they are sufficient to support a stable rental market, with many residents likely qualifying for the Section 8 program.

In summary, Willard, OH, presents a balanced opportunity for real estate investors focusing on the Section 8 market. With a fair market rent of $970 and an average market rent of $893, there is room for pricing adjustments that can benefit both landlords and tenants. The median home value of $165,912 makes property acquisition feasible for smaller portfolios, while the 23.6% renter share ensures a consistent demand for rental units. Given the median income of $68,587, the likelihood of finding qualified Section 8 tenants is high, making Willard a promising investment destination for those seeking a stable and predictable rental income stream.

Data Sources: FMR data from HUD (2027). 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.