Section 8 Fair Market Rent (FMR) for ZIP 45146 - 2027

Location: Clinton County, OH | Metro: Clinton County, OH

Investment Score for ZIP 45146

N/A

Monthly Rent (2BR)

$1,150

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$910
2 Bedrooms	$1,150
3 Bedrooms	$1,490
4 Bedrooms	$1,820
5 Bedrooms	$2,111
6 Bedrooms	$2,364
7 Bedrooms	$2,553
8 Bedrooms	$2,681

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,490	$253,890	0.59%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,324

Median Household Income

$71,184

Housing Units

553

Renter Percentage

18.4%

Occupancy Rate

97.3%

Renter Occupied

The ZIP code 45146, located in Clermont, Ohio, is a suburban area characterized by a mix of residential neighborhoods and rural landscapes. The region benefits from its proximity to larger urban centers, offering residents access to amenities and services while maintaining a quieter, community-oriented atmosphere.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metropolitan area for fiscal year 2026 is set at $1,150.
The average market rent for properties in ZIP 45146, based on Census American Community Survey (ACS) data, stands at $948.
The median home value in the area is $229,390, reflecting a stable housing market.
Renters make up 18.4% of the housing market in ZIP 45146, indicating a moderate demand for rental properties.
The median household income in the area is $71,184, suggesting that there is a reasonable financial stability among the local population.

The data points indicate that while the fair market rent suggests higher potential earnings, the actual market rent is slightly lower, which could be due to various factors including competition or property condition. With a median home value of $229,390 and a median income of $71,184, the area supports a modest investment strategy. Given the 18.4% renter share, there's a steady but not overwhelming demand for rentals, making it a viable option for small-portfolio investors looking for consistent returns rather than high-risk, high-reward scenarios. Landlords should focus on maintaining competitive pricing and property quality to attract tenants in this balanced market.

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.