Section 8 Fair Market Rent (FMR) for ZIP 45176 - 2027

Location: Brown County, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area

Investment Score for ZIP 45176

D
Monthly Rent (2BR)
$1,160
Median Price (2BR)
$179,068
1% Rule
0.65%
Annual Yield
7.77%

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$880
1 Bedroom$920
2 Bedrooms$1,160
3 Bedrooms$1,550
4 Bedrooms$1,800
5 Bedrooms$2,088
6 Bedrooms$2,339
7 Bedrooms$2,526
8 Bedrooms$2,652

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,160 $179,068 0.65% D
3BR $1,550 $284,966 0.54% F
4BR $1,800 $378,159 0.48% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
10,072
Median Household Income
$67,727
Housing Units
4,239
Renter Percentage
22.3%
Occupancy Rate
95.3%
Renter Occupied
902

The ZIP code 45176 in Batavia, OH, stands out within Clermont County due to its unique demographic and economic profile. With a population of 10,072 residents, it has a rental rate of 22.3%, which is slightly above the national average. The median income for households in this area is $67,727, reflecting a solid middle-class community. Notably, the median home value in ZIP 45176 is $272,984, indicating a relatively affluent neighborhood.

Moving into the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for the zip code in fiscal year 2024 is set at $1050. This is higher than the current market rent of $924, based on Census ACS data. This discrepancy suggests that landlords who accept Section 8 vouchers can expect to receive rents that are above the typical market rates, providing a financial advantage. However, it also means that tenants might find it challenging to secure housing outside of the voucher program due to the higher FMR compared to actual market conditions.

The data signature for ZIP 45176 reads as stable. The modest rental rate indicates a strong owner-occupied housing market, while the median income and home values suggest a financially secure community. These factors combined with the favorable voucher economics create a positive environment for landlords and small-portfolio investors looking to capitalize on steady demand and above-market rental rates.

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.