Location: Dayton-Kettering-Beavercreek, OH | Metro: Dayton-Kettering-Beavercreek, OH MSA
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 | $850 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,170 | $102,955 | 1.14% | B |
| 3BR | $1,520 | $170,963 | 0.89% | C |
| 4BR | $1,660 | $215,538 | 0.77% | D |
| 5BR | $1,926 | $239,163 | 0.81% | C |
U.S. Census Bureau data (2024)
The ZIP code 45426, located in Trotwood, OH, is characterized by a significant rental population. With a total population of 14,114, 44.7% of residents are renters, indicating a robust demand for rental properties. The median household income stands at $51,908, which provides a baseline for understanding the financial capacity of potential tenants.
A market rent of $1,380 is typical for this area. To contextualize this figure, it represents approximately 26.6% of the median household income. This means that a substantial portion of a tenant's income would be allocated towards rent, but it remains within a reasonable range considering the local economic conditions.
Comparing the market rent to the Fair Market Rent (FMR) of $920 for FY 2024, there is a notable gap. The FMR is set by HUD and reflects the maximum amount that a voucher holder can pay for rent in the area. Landlords should be aware that tenants using Section 8 vouchers will likely have a budget cap at the FMR level, making it necessary to adjust rents accordingly to attract these tenants.
In terms of the tenant profile, landlords in ZIP 45426 can expect a mix of low-income families who rely on government assistance for housing, such as Section 8 vouchers, and other renters who may not require subsidies but still fall into the lower-middle-income bracket. Given the high percentage of renters and the income levels, there is a strong likelihood of deep voucher demand, making it a viable option for landlords looking to cater to this segment of the market.
To summarize, ZIP 45426 is a renter-heavy area with a significant portion of the population potentially relying on Section 8 vouchers. Landlords should consider setting their rents closer to the FMR to maximize occupancy rates and ensure they are attracting the right tenant base. The typical rent consumes about one-quarter of the median household income, which aligns with national averages and is generally sustainable for the majority of renters in this area.
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.