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 | $820 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,380 | $184,660 | 0.75% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 45332 in the upcoming fiscal year 2026 is set at $1,010. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, meaning it's the maximum amount that the government will pay toward your tenant's rent. It's important to note that this does not represent the total rent you can charge; rather, it sets a cap on the subsidy portion.
In ZIP 45332, there is no specific local rent limit listed, which means the FMR serves as the benchmark for determining the voucher amount. The fact that the FMR is the only reference point indicates that the local market rent is closely aligned with this figure.
The 17.9% renter share in the area signifies that nearly one in every five households is a renter. This statistic points to a moderate demand for rental properties, including those that might be rented through the Section 8 program. While it's not indicative of high demand, it suggests that there is a steady need for affordable housing options.
If you're looking to acquire a property in ZIP 45332 for use in the Section 8 program, the median home value is $138,244. This gives you an idea of the typical investment cost in the area. Keep in mind that the acquisition cost should align with the potential income from the rental, taking into account the FMR and any additional rent you might collect beyond the subsidy.
Before proceeding with your first Section 8 rental, ensure you verify the local utility costs. The government subsidy covers a portion of the rent, but tenants are responsible for utilities, and these costs can vary widely. Understanding the typical utility expenses in ZIP 45332 will help you determine if the overall financial arrangement is viable for your investment goals.
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.