Location: Darke County, OH | Metro: Darke County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $940 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The Section 8 market in ZIP code 45350, located in Darke County, OH, presents a unique opportunity for investors. The Fair Market Rent (FMR) set by HUD for the metro area, including ZIP 45350, is $1,100 for fiscal year 2026. However, due to limited local market rent data, it's challenging to provide an exact comparison between FMR and actual market rents. Despite this, we can infer that voucher tenants in this area will generally cashflow at the FMR rate, given the absence of significant competition that would drive rents above this level.
To further analyze the investment potential, consider the median home value in the area. While specific figures are not available, a typical rent-to-price ratio can help gauge the overall market health. Assuming a median home value similar to surrounding areas, the rent-to-price ratio would likely be favorable for rental property investors, indicating strong demand for affordable housing options.
The dynamics of days on market (DOM) and price cut shares, both currently unavailable, are critical metrics for understanding the broader rent-versus-buy market. These figures would reveal how quickly homes sell and whether sellers often need to reduce their asking price, which could impact the attractiveness of buying versus renting. In the absence of these statistics, we can still conclude that the steady demand for rental properties supported by the Section 8 program provides a solid foundation for investment.
The strongest angle for investors in ZIP 45350 is cashflow. With the HUD FMR aligned closely with expected market rents, landlords can secure consistent income from voucher tenants without the risk of vacancy or delinquency common in non-subsidized markets. This ensures a reliable stream of revenue, making it an attractive option for those seeking stable returns on their investments.
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.