Section 8 Fair Market Rent (FMR) for ZIP 45616 - 2027

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

Investment Score for ZIP 45616

F
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$196,708
1% Rule
0.51%
Annual Yield
6.1%

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$760
1 Bedroom$850
2 Bedrooms$1,000
3 Bedrooms$1,250
4 Bedrooms$1,320
5 Bedrooms$1,531
6 Bedrooms$1,715
7 Bedrooms$1,852
8 Bedrooms$1,945

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 $1,000 $196,708 0.51% F
3BR $1,250 $222,649 0.56% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,350
Median Household Income
$67,614
Housing Units
762
Renter Percentage
26.1%
Occupancy Rate
62.3%
Renter Occupied
124

ZIP code 45616, located in Blue Creek, OH, sits within the Scioto County, OH metro area. Its Federal Market Rent (FMR) for fiscal year 2026 is set at $1,020, which is higher than the actual market rent of $686. This suggests that the subsidy amount available for renters participating in the Section 8 program exceeds what is typically charged in the local rental market. Consequently, landlords in ZIP 45616 can benefit from receiving a higher subsidy rate compared to the prevailing market conditions.

The median home value in ZIP 45616 is $201,507, which is relatively low when considering the broader context of housing costs in the region. Coupled with a renter share of 26.1%, this indicates that a significant portion of the population relies on rental properties. A high renter share combined with lower-than-average home values often points to an area where Section 8 tenants are more prevalent, making it a strategic location for landlords who wish to participate in the program.

Compared to typical ZIP codes in Scioto County, OH, ZIP 45616 stands out as a value pocket. The disparity between the FMR and the actual market rent highlights a potential for landlords to receive higher payments while still offering competitive rental rates. Additionally, the lower home values suggest that the area is less expensive overall, potentially attracting a different demographic of residents, including those seeking affordable housing options.

In summary, ZIP 45616 presents itself as an attractive option for landlords interested in the Section 8 program due to its favorable subsidy rates relative to market rents and its high concentration of renters. These factors make it a distinct value pocket within the Scioto County, OH metro 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.