Location: Clinton County, 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 | $960 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,680 |
| 4 Bedrooms | $2,000 |
| 5 Bedrooms | $2,320 |
| 6 Bedrooms | $2,598 |
| 7 Bedrooms | $2,806 |
| 8 Bedrooms | $2,946 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,290 | $258,948 | 0.5% | F |
| 3BR | $1,680 | $395,579 | 0.42% | F |
| 4BR | $2,000 | $519,504 | 0.38% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP 45113, Clarksville, OH, does not favor landlords. The Fair Market Rent (FMR) for FY 2024 is set at $1,240. However, the Census American Community Survey (ACS) indicates that the market rent is currently at $1,079. This discrepancy means that landlords might struggle to find tenants willing to pay the higher FMR rate.
Acquisition costs in ZIP 45113 are high, with a median home value of $389,507. Unfortunately, the data on days on market (DOM) and the percentage of homes needing price cuts is unavailable, which complicates assessing how quickly properties can be sold or if they need to be discounted. Given the high median home value, potential investors should carefully consider their ability to finance such acquisitions.
Tenant demand is modest in ZIP 45113. With a total population of 3,877, only 13.8% of residents are renters. This suggests that the pool of potential tenants is relatively small, and competition among rental properties could be intense.
In conclusion, ZIP 45113 presents a challenging environment for landlords and small-portfolio investors. The gap between the FMR and actual market rent is significant, indicating potential difficulties in attracting tenants at the higher rate. High median home values make property acquisition costly, and limited tenant demand further reduces the appeal. These factors collectively suggest that investing in this area requires careful consideration and possibly a lower profit margin expectation.
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.