Location: Highland County, OH | Metro: Highland County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
The ZIP code 45132, located within the Highland County, OH metro area, has a Fair Market Rent (FMR) of $1,060 for fiscal year 2026. This figure represents the median rent for a two-bedroom apartment, which is a standard measure used in Section 8 housing voucher programs. Given that the market rent and home value data for this ZIP are not available, we must rely on the FMR and the renter share to make inferences about its position within the broader Highland County, OH market.
The FMR of $1,060 suggests that 45132 may be a mid-tier neighborhood in terms of rental costs. However, without specific comparative figures for other ZIP codes in Highland County, it's challenging to definitively classify 45132 as either a value pocket or a premium sub-market. The FMR alone does not provide enough context to determine if it's above or below average compared to other areas within the same county.
With a renter share of 32.1%, this ZIP code has a notably higher proportion of renters than many areas in Highland County. Typically, higher renter shares can indicate a variety of conditions, including a concentration of lower-income households, a lack of affordable homeownership options, or a preference for renting over owning due to economic factors. In the context of Section 8, a high renter share could signal potential demand for subsidized housing units.
The absence of market rent and home value data for ZIP 45132 makes it difficult to draw definitive conclusions about its overall market position. However, given the high renter share and the FMR, it's reasonable to infer that 45132 could be an area where landlords might find a significant number of tenants eligible for Section 8 vouchers. This ZIP code appears to be well-positioned for those interested in serving a market with a substantial need for affordable rental housing.
To better understand how 45132 fits into the larger Highland County, OH metro, landlords and investors should seek additional data points such as local market rents and home values. These figures would provide a clearer picture of the ZIP code's standing within the region and help identify whether it represents a value pocket or a more premium sub-market.
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.