Location: Darke County, OH | Metro: Darke County, OH
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 | $830 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $830 | $99,852 | 0.83% | C |
| 2BR | $1,000 | $155,869 | 0.64% | D |
| 3BR | $1,350 | $216,682 | 0.62% | D |
| 4BR | $1,350 | $271,182 | 0.5% | F |
| 5BR | $1,566 | $326,674 | 0.48% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP 45331, Greenville, OH, set at $970 for the metro area fiscal year 2026, represents the payment standard for Section 8 housing vouchers. This figure does not directly indicate what tenants will pay; rather, it ensures landlords receive a fair rental amount from the voucher program. The actual rent paid by the tenant is typically a percentage of their income, while the voucher covers the difference up to $970.
To put this into perspective, the average rent in Greenville, OH, based on recent Census data (American Community Survey), stands at $767. This means that if you participate in the Section 8 program, your rental income will be closer to the FMR of $970, which is higher than the current market rate. This can be beneficial for landlords looking to secure steady rental income without the risk of non-payment.
The demand for rental properties in Greenville, OH, is significant, with 35.4% of residents being renters. This high percentage suggests a strong market for rental units, particularly those that qualify for Section 8 assistance. Given the economic conditions and the need for affordable housing, there is a good chance of finding tenants who are eligible for the program.
If you're considering purchasing a property in Greenville, OH, to use as a Section 8 rental, the median home value is around $192,902. This figure can help you estimate the acquisition cost of a property suitable for the program. It's important to note that the cost of acquiring a property should be balanced against the potential rental income and the maintenance costs associated with it.
Before committing to a Section 8 rental, verify that the property meets all the necessary requirements for the program. This includes passing inspections for safety, health, and habitability standards set by HUD. Ensure that the property is in compliance with these regulations to avoid any delays in securing a tenant or receiving payments.
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.