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 | $1,290 |
| 1 Bedroom | $1,390 |
| 2 Bedrooms | $1,770 |
| 3 Bedrooms | $2,330 |
| 4 Bedrooms | $2,630 |
| 5 Bedrooms | $3,051 |
| 6 Bedrooms | $3,417 |
| 7 Bedrooms | $3,690 |
| 8 Bedrooms | $3,875 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,770 | $187,594 | 0.94% | C |
| 3BR | $2,330 | $270,270 | 0.86% | C |
| 4BR | $2,630 | $336,014 | 0.78% | D |
U.S. Census Bureau data (2024)
The rent math in ZIP 45067 does not favor landlords. The Fair Market Rent (FMR) set at $1490 for the fiscal year 2024 contrasts sharply with the actual market rent, which stands at $2,020 according to ZORI. This indicates that tenants receiving Section 8 vouchers might struggle to afford housing in this area, given the disparity between the subsidized amount and the market rate.
Acquisition of properties in ZIP 45067 is relatively affordable. With a median home value of $272,524, potential investors can find homes within a reasonable budget. However, the lack of data on days on market (DOM) and the low 0.3% price-cut share suggest that the market is stable but not highly dynamic, indicating that while property acquisition is financially feasible, there may be limited opportunities for quick resale or significant price adjustments.
Tenant demand in ZIP 45067 is present but limited. The area has a total population of 15,471, with 20.3% of residents being renters. This implies a steady but not overwhelming demand for rental properties, especially considering the financial constraints faced by those relying on Section 8 vouchers.
In conclusion, ZIP 45067 presents a challenging environment for landlords and small-portfolio investors due to the mismatch between the FMR and market rents. While acquiring properties is financially manageable, the stability of the market and the limited tenant demand mean that success will depend heavily on the ability to attract tenants willing to pay the difference between the voucher amount and the market rent. Investors should proceed with caution, carefully evaluating the local rental market dynamics and the willingness of potential tenants to supplement their Section 8 assistance.
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.