Section 8 Fair Market Rent (FMR) for ZIP 45335 - 2027

Location: Fayette County, OH | Metro: Dayton-Kettering-Beavercreek, OH MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$810
2 Bedrooms	$1,000
3 Bedrooms	$1,300
4 Bedrooms	$1,430
5 Bedrooms	$1,659
6 Bedrooms	$1,858
7 Bedrooms	$2,007
8 Bedrooms	$2,107

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

7,359

Median Household Income

$81,690

Housing Units

3,083

Renter Percentage

17.5%

Occupancy Rate

93.9%

Renter Occupied

508

Housing Authorities Serving ZIP 45335

Greene Metropolitian Housing Authority (Xenia, OH) - 1,466 Section 8 vouchers
Fayette Metropolitan Housing Authority (Washington Court House, OH) - 478 Section 8 vouchers
Clinton Metropolitian Housing Authority (Wilmington, OH) - 302 Section 8 vouchers
Highland Metropolitian Housing Authority (Washington Ch, OH) - 144 Section 8 vouchers

Jamestown, located in ZIP code 45335, is a small town in Ohio that offers a stable rental market with opportunities for both landlords and small-portfolio investors. The town's economic conditions and housing dynamics provide a clear picture of the local real estate landscape.

The Fair Market Rent (FMR) for Jamestown, as determined for fiscal year 2024, is set at $880. This figure represents the average rent for a two-bedroom apartment and serves as a benchmark for rental pricing in the area.
The Census Bureau's American Community Survey (ACS) indicates that the market rent for Jamestown is $908. This suggests that the actual rental rates slightly exceed the FMR, providing a positive outlook for landlords.
The median home value in Jamestown stands at $268,634. This reflects the typical price range for residential properties in the area, which can be considered when evaluating investment opportunities.
Renters make up 17.5% of the population in Jamestown. This relatively low percentage implies that there might be limited demand for rentals, but also indicates that the town has a strong owner-occupied housing base.
The median household income in Jamestown is $81,690. This figure provides insight into the financial stability of the residents and their ability to pay rent, suggesting a reliable tenant pool.
Data on days on market (DOM) is currently unavailable, making it difficult to assess how quickly properties are typically sold or rented in Jamestown. However, other metrics indicate a steady market.

Investors considering Jamestown should note that while the rental market is modest, with a lower-than-average share of renters, the town benefits from a solid median income level and a slight premium over the FMR in actual market rents. These factors combined suggest a stable environment for property investments, particularly for those who can offer affordable and quality rental units. The median home value also supports the idea that Jamestown is a middle-class community where homeownership is prevalent, which could translate into a consistent demand for well-managed rental properties.

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.