Location: Clinton County, OH | Metro: Clinton County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
The ZIP code 45166 is situated in a predominantly rental-focused neighborhood. With a population of approximately 60 residents, it stands out due to the fact that 100.0% of these residents are renters, indicating a strong reliance on rental properties for housing. The median income and median home value data are currently unavailable, which suggests a need for further investigation into the economic profile of the area.
Moving into the realm of rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030. This figure provides a benchmark for the rental market, though specific market rent data for ZIP 45166 is not available. The absence of detailed local market rent figures makes it challenging to assess the direct profitability of rental investments without additional research.
Given the high percentage of renters and the established FMR, ZIP 45166 could be suitable for both hands-off Section 8 voucher operators and hands-on value-add buyers. For hands-off operators, the presence of a significant number of Section 8 tenants ensures a steady stream of income with minimal risk, as long as the properties meet the necessary standards. On the other hand, for those interested in value-add strategies, the opportunity lies in improving the quality of existing rental units to command higher rents above the FMR, thereby increasing returns on investment. However, potential investors must conduct thorough due diligence to understand the local rental dynamics fully.
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.