Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
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 | $1,070 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,180 |
| 5 Bedrooms | $2,529 |
| 6 Bedrooms | $2,832 |
| 7 Bedrooms | $3,059 |
| 8 Bedrooms | $3,212 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,470 | $216,384 | 0.68% | D |
| 3BR | $1,930 | $305,412 | 0.63% | D |
| 4BR | $2,180 | $407,547 | 0.53% | F |
U.S. Census Bureau data (2024)
ZIP code 45030, located in Harrison, OH, falls within the larger Cincinnati, OH-KY-IN HUD Metro FMR Area. To contextualize its standing, let's break down the key metrics:
The Fair Market Rent (FMR) for ZIP 45030 in fiscal year 2024 is set at $1,200. This figure is slightly above the typical market rent of $1,151 in the area, indicating that it commands a modest premium over what is generally considered fair market value.
The median home value in ZIP 45030 stands at $319,190. This is a middle-range price point when compared to other ZIP codes within the Cincinnati metro, suggesting that it is neither a high-end nor a low-value area.
The renter share in ZIP 45030 is 18.4%. This percentage is relatively low, which might imply that homeownership is more prevalent here than in other parts of the Cincinnati metro area. However, a higher renter share can sometimes indicate a stronger presence of rental assistance programs like Section 8.
Given these specifics, ZIP 45030 appears to be a mid-tier neighborhood within the Cincinnati, OH-KY-IN HUD Metro FMR Area. The FMR is marginally higher than the market rent, suggesting a slight premium on rental properties. The median home value is also indicative of a moderate market, where neither extremely high nor low property values dominate. With a lower-than-average renter share, it suggests that there might not be a significant concentration of renters relying on subsidies such as Section 8. However, the presence of any subsidized housing should be further investigated to confirm its impact on the local rental market.
To summarize, Harrison, OH (ZIP 45030) offers a balanced market scenario, with neither particularly high nor low rents or home values. It is not likely a value pocket or a premium sub-market, but rather a stable, mid-range area within the broader Cincinnati metro region.
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.