Location: Gallia County, OH | Metro: Gallia County, OH
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 | $760 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $900 | $84,800 | 1.06% | B |
| 2BR | $1,000 | $125,639 | 0.8% | D |
| 3BR | $1,320 | $193,922 | 0.68% | D |
| 4BR | $1,690 | $265,237 | 0.64% | D |
| 5BR | $1,960 | $338,933 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 45631, located in Gallipolis, OH, within the Gallia County, OH metro area, has several characteristics that position it distinctly among other ZIP codes in the county. With a Fair Market Rent (FMR) of $970 for fiscal year 2026, it aligns closely with the metro average. However, its market rent at $846 is notably lower, indicating that rental properties here are priced below the FMR. This suggests that landlords in 45631 can offer competitive rents while still potentially benefiting from government assistance programs like Section 8.
The median home value in ZIP 45631 stands at $167,570, which is relatively low compared to many areas in Ohio. This figure implies that 45631 could be considered a value pocket within its metro area, offering affordable housing options for both renters and homeowners.
A significant 31.0% of residents in 45631 are renters, which is a higher percentage than the typical ZIP code in Gallia County. This high renter share, combined with below-average market rents and home values, points to a potential sweet spot for Section 8 investors. The disparity between the high proportion of renters and lower-than-average property values often signifies an area where government subsidies can significantly offset the cost of renting, making it attractive for those seeking rental income.
To summarize, ZIP 45631 is positioned as a value pocket within the Gallia County, OH metro area. Its below-average market rents and home values, coupled with a higher-than-average renter share, make it a favorable location for landlords and small-portfolio investors looking to leverage Section 8 programs. While it does not represent a premium sub-market, it offers solid opportunities due to its affordability and the potential for subsidized rental income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.