Location: Dayton-Kettering-Beavercreek, OH | Metro: Dayton-Kettering-Beavercreek, OH MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,710 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
U.S. Census Bureau data (2024)
ZIP code 45354, located within the Dayton-Kettering-Beavercreek, OH MSA, presents a unique profile when compared to other ZIP codes in the same metropolitan area. The Fair Market Rent (FMR) for 45354 in fiscal year 2024 is set at $1360, which is slightly below the market rent of $1,458. This indicates that the ZIP code is somewhat affordable for renters who qualify for Section 8 assistance.
The median home value in 45354 stands at $158,418, which is relatively low compared to the overall median home values within the Dayton-Kettering-Beavercreek MSA. Additionally, the ZIP code has a renter share of 31.4%, which is higher than the typical renter share seen across most ZIP codes in the region. These factors suggest that 45354 could be considered a value pocket within the metro area. Value pockets are areas where housing is more affordable relative to the broader market, making them attractive to both landlords and tenants seeking lower-cost options.
The combination of a below-average home value and a high renter share in 45354 points to an environment where there is a significant presence of rental properties that might be subsidized through programs such as Section 8. Landlords operating in this ZIP code can benefit from the availability of government assistance to help cover rents, reducing their risk of vacancy. However, they should also be aware that the rental market here is more heavily influenced by subsidized housing, which can impact the types of tenants they attract and the overall dynamics of the rental market.
In summary, ZIP code 45354 is positioned as a value pocket within the Dayton-Kettering-Beavercreek, OH MSA. Its lower FMR and home values, coupled with a higher-than-average renter share, make it an area where Section 8 vouchers play a notable role in the rental market. This ZIP code offers opportunities for landlords and small-portfolio investors looking for more affordable markets with a stable tenant base supported by federal subsidies.
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.