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 | $1,150 |
| 1 Bedroom | $1,240 |
| 2 Bedrooms | $1,580 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,580 | $216,216 | 0.73% | D |
| 3BR | $2,080 | $296,533 | 0.7% | D |
| 4BR | $2,350 | $410,578 | 0.57% | F |
U.S. Census Bureau data (2024)
The ZIP code 45122, located in Goshen, OH, stands out within Clermont County due to its unique demographic and economic profile. With a total population of 10,977 residents, only 14.3% of whom are renters, it indicates a predominantly owner-occupied community. The median household income in this area is strong at $83,342, reflecting a robust local economy. Additionally, the median home value is notably high at $299,170, suggesting that homeownership is both valued and affordable for many in the community.
When considering the Section 8 voucher program, the Fair Market Rent (FMR) for ZIP 45122 in fiscal year 2024 is set at $1,340. This figure is slightly above the Census American Community Survey (ACS) estimate for the market rent, which is $1,265. This means that landlords participating in the Section 8 program can expect to receive a rental rate that is marginally higher than the average market rate, providing a modest incentive for accepting vouchers. However, the relatively low percentage of renters in the area might indicate a smaller pool of potential tenants who would rely on vouchers, possibly affecting the demand for subsidized housing.
Evaluating the overall stability of ZIP 45122, the data suggests a stable environment. The high median income and median home value point towards a financially secure community where homeownership is a significant factor. While the rental market is less prominent, the slight premium in FMR over market rates offers a positive outlook for landlords willing to participate in the Section 8 program. Given these factors, it is reasonable to conclude that the ZIP code presents a stable investment opportunity for those interested in the Section 8 program, with a solid foundation for property values and income levels.
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.