Location: Shelby County, OH | Metro: Dayton-Kettering-Beavercreek, OH MSA
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 | $880 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,580 | $291,765 | 0.54% | F |
| 4BR | $1,710 | $371,606 | 0.46% | F |
U.S. Census Bureau data (2024)
880 FMR (Fair Market Rent) for ZIP 45326 indicates that the maximum rental amount allowed under the Section 8 program for this area is set at $880 per month. This figure serves as a benchmark for landlords seeking to understand the upper limit for subsidized rents. Meanwhile, the $762 average market rent reported by the Census ACS highlights that there is a significant gap between what tenants can afford through Section 8 and the typical rental prices in the area. Landlords can leverage this difference to attract tenants who might otherwise struggle to find affordable housing.
The median home value of $242,782 suggests that while property values are relatively stable, there is potential for appreciation given the right market conditions. With a 20.2% share of renters in the area, it's clear that a significant portion of the population relies on rental properties, making it a viable market for landlords and small-portfolio investors. The median income of $93,472 provides insight into the financial capabilities of the residents, indicating that a substantial number could potentially qualify for Section 8 assistance if they meet other eligibility criteria.
Although the data does not provide specific figures for days on market (DOM) or the percentage of price-cut shares, the absence of these numbers can be interpreted as a sign of stability in the local rental market. There is little evidence of prolonged vacancies or frequent price reductions, which can be beneficial for landlords looking to maintain steady cash flows.
In conclusion, the Section 8 program in ZIP 45326 offers a solid opportunity for landlords with units priced at or below the $880 FMR, providing a reliable source of income without the need for extensive marketing efforts. Given the established gap between market rents and the FMR, along with the stable median home value and income levels, landlords can confidently engage with the program knowing that their investment will likely yield consistent returns. Verdict: Section 8 is a viable option for landlords in ZIP 45326.
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.