Location: Adams County, OH | Metro: Adams County, OH
| 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 |
The analysis of ZIP code 45618 reveals several critical points that landlords and small-portfolio investors should consider before making investment decisions.
The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the area, as of fiscal year 2026, is set at $970. However, without specific market rent data, it's challenging to make an exact comparison. Landlords must ensure their rental rates align closely with the FMR to remain competitive and attractive to tenants seeking government-subsidized housing options.
Regarding the affordability of acquisitions, the median home value in ZIP 45618 is currently listed as N/A. Similarly, the days on market (DOM) and the percentage of homes needing price cuts are also unspecified. These metrics are crucial for understanding the local real estate market dynamics. Without concrete numbers, potential investors cannot accurately gauge the cost and ease of acquiring properties within this zip code.
Tenant demand is another key factor. The population of ZIP 45618 is N/A, and the percentage of renters is also unspecified. To determine if there is sufficient tenant demand, these figures would be essential. A higher renter share typically indicates stronger demand for rental properties, which can be beneficial for landlords.
In conclusion, while the Fair Market Rent provides a benchmark for rental pricing at $970, the lack of detailed market data such as median home values, days on market, percentage of price cuts, and population demographics makes it difficult to fully assess the viability of investments in ZIP 45618. Investors should seek out comprehensive local real estate reports to make informed decisions about property acquisitions and tenant demand in this area.
Data Sources: FMR data from HUD (2027).
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.