Location: Darke County, OH | Metro: Darke County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,000 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 45328, located in Darke County, Ohio, reveals a favorable rental environment. The HUD Fair Market Rent (FMR) for the area, set at $1,220 per month for FY 2026, exceeds the market rent reported by the Census ACS, which stands at $933. This means that voucher tenants will generally cashflow positively at the FMR rate, providing a solid financial advantage to landlords who accept Section 8 vouchers.
To further analyze the investment potential, consider the median home value in the region, which is $143,838. Using this figure, we can derive a rent-to-price ratio. With an average monthly rent of $933, the annual rent would be approximately $11,196. Dividing the annual rent by the median home value gives us a rent-to-price ratio of about 7.8%. This ratio suggests that properties in ZIP 45328 offer reasonable returns relative to their purchase price, making them attractive for both rental and potential resale.
Note that the data does not provide the median Days on Market (DOM) or the percentage of price cuts shared among sellers. However, these metrics are less critical in this context since the primary focus is on rental performance. Given the positive cashflow from voucher tenants and the relatively low median home value, the strongest angle for investors in ZIP 45328 is likely to be cashflow. Properties here can generate significant monthly income above mortgage and maintenance costs when rented to voucher holders at the FMR rate, ensuring steady and predictable returns.
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.