Location: Brown County, OH | Metro: Brown County, OH 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 | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $156,347 | 0.64% | D |
| 3BR | $1,390 | $216,434 | 0.64% | D |
U.S. Census Bureau data (2024)
The market in ZIP 45167, Ripley, OH, reveals a dynamic equilibrium between supply and demand. With a Fair Market Rent (FMR) of $860 for the fiscal year 2024 and a reported market rent of $741 based on Census ACS data, it's evident that rental prices are slightly below the government-set benchmark. This suggests that landlords have some flexibility in pricing, but it also indicates that rents are stable and not experiencing significant upward pressure.
The median home value in the area stands at $184,304. While this figure provides insight into the overall housing market, the absence of data regarding the percentage of price cuts and days on the market (DOM) makes it challenging to definitively conclude whether supply is outpacing demand or vice versa. However, the relatively low market rent compared to the FMR implies that there may be a slight oversupply in the rental market, allowing for some negotiation on prices without causing significant distress to landlords.
A notable aspect of the housing landscape in Ripley is the 27.0% renter share. This statistic points towards a segment of the population that is likely to face ongoing housing pressure, particularly if wages do not keep pace with rent increases. The presence of a substantial renter base can indicate both an active rental market and potential challenges for homeownership, as a portion of the community may be locked into renting due to financial constraints or other factors. Landlords should be aware of this demographic characteristic when considering their investment strategies, as it signals a steady demand for rental properties.
In summary, the market in ZIP 45167 presents a scenario where rental prices are stable and slightly below government benchmarks, suggesting a balanced market with a slight tendency towards oversupply. The significant renter share highlights a persistent segment of the population facing housing affordability issues, which can influence long-term market dynamics and provide a reliable tenant pool for landlords.
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.