Section 8 Fair Market Rent (FMR) for ZIP 45430 - 2027

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

Investment Score for ZIP 45430

D
Monthly Rent (2BR)
$1,720
Median Price (2BR)
$250,044
1% Rule
0.69%
Annual Yield
8.25%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,250
1 Bedroom$1,390
2 Bedrooms$1,720
3 Bedrooms$2,240
4 Bedrooms$2,440
5 Bedrooms$2,830
6 Bedrooms$3,170
7 Bedrooms$3,424
8 Bedrooms$3,595

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,720 $250,044 0.69% D
3BR $2,240 $291,008 0.77% D
4BR $2,440 $384,263 0.63% D
5BR $2,830 $460,921 0.61% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
7,371
Median Household Income
$115,461
Housing Units
3,108
Renter Percentage
18.5%
Occupancy Rate
96.2%
Renter Occupied
554

The potential pitfalls for a Section 8 landlord in ZIP 45430, Beavercreek, OH, are significant. Tenant turnover can be a major issue, as the market rent stands at $1,597 while the Fair Market Rent (FMR) for FY 2024 is set at $1,240. This discrepancy indicates that tenants who rely on vouchers may struggle to afford additional costs such as utilities, leading to higher turnover rates. Additionally, vacancy exposure is a concern due to the lack of data on days on market (DOM), which suggests that there might be unpredictable periods of vacancy. The deferred maintenance exposure is also noteworthy, considering the typical home value of $313,497 contrasts sharply with the median income of $115,461. This disparity implies that residents may have limited funds to cover repairs and maintenance, increasing the burden on landlords.

Despite these challenges, the high renter share of 18.5% provides a silver lining. A large percentage of renters typically translates into higher demand for housing vouchers, making it easier to find tenants who qualify for Section 8. The presence of many renters can also stabilize occupancy rates, reducing the risk of prolonged vacancies.

Verdict: Moderate risk for a first-time Section 8 landlord.

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.