Section 8 Fair Market Rent (FMR) for ZIP 45613 - 2027

Location: Scioto County, OH | Metro: Jackson County, OH

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$770
2 Bedrooms	$1,010
3 Bedrooms	$1,230
4 Bedrooms	$1,340
5 Bedrooms	$1,554
6 Bedrooms	$1,740
7 Bedrooms	$1,879
8 Bedrooms	$1,973

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,228

Median Household Income

$30,703

Housing Units

1,439

Renter Percentage

26.9%

Occupancy Rate

88.3%

Renter Occupied

342

Housing Authorities Serving ZIP 45613

Portsmouth Metropolitan Housing Authority (Portsmouth, OH) - 628 Section 8 vouchers
Pike Metropolitan Housing Authority (Piketon, OH) - 554 Section 8 vouchers
Jackson County Metropolitan Housing Authority (Wellston, OH) - 334 Section 8 vouchers

The ZIP code 45613, located in a suburban setting within XX, offers a stable market for real estate investments, particularly for those interested in Section 8 properties. The area is characterized by a mix of single-family homes and rental units, catering to a diverse range of residents.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, providing a benchmark for potential rental income.
The average market rent, according to Census ACS data, is $915, indicating a slight premium for Section 8 eligible units.
The median home value in the area stands at $160,512, offering opportunities for both purchase and rental investments.
Renters make up 26.9% of the housing market, suggesting a significant demand for rental properties.
The median income in ZIP 45613 is $30,703, which aligns well with the eligibility criteria for Section 8 programs.

Analyzing these points, investors can expect a solid foundation for Section 8 properties in ZIP 45613. With a median home value that is accessible and an income level that supports government assistance, there is a clear demand for affordable housing options. The slight premium on FMR over market rent indicates that Section 8 properties could offer slightly higher returns compared to general market rentals. Additionally, the substantial renter share suggests a vibrant and active rental market, which is beneficial for maintaining occupancy rates and steady cash flows. Overall, ZIP 45613 presents a promising opportunity for those looking to invest in Section 8 real estate, balancing risk and reward effectively.

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.