Location: Scioto County, OH | Metro: Scioto 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 | $710 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $118,371 | 0.86% | C |
| 3BR | $1,360 | $200,788 | 0.68% | D |
| 4BR | $1,510 | $260,909 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 45652 in McDermott, OH, located in Scioto County, stands out due to its unique data profile. With a population of 3,360 residents, only 11.5% of whom rent their homes, it is evident that this area has a predominantly owner-occupied housing market. The median income in the region is $42,708, which reflects a modest economic status among its inhabitants. However, the median home value is significantly higher at $163,809, indicating a stable investment environment for property owners.
When examining the voucher economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $980. This figure is crucial for landlords and small-portfolio investors considering the Section 8 program. Despite the lack of specific market rental data for ZIP 45652, the FMR provides a benchmark for rental pricing that ensures affordability for low-income families while offering a steady income stream for landlords. Given the high median home value relative to the median income, it suggests that there could be a potential demand for rental properties supported by the Section 8 program, making it an attractive option for investors looking to diversify into the rental market.
Based on the available data, the ZIP 45652 appears to be in a stable state. The combination of a moderate median income and a relatively high median home value indicates a balanced local economy where homeownership is common and affordable. While the rental market is smaller, the presence of the Section 8 program can provide a reliable source of tenants, reducing vacancy rates and ensuring consistent cash flow for landlords who participate. This stability makes it an appealing location for both long-term real estate investments and those interested in managing rental properties under government assistance programs.
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.