Location: Scioto County, OH | Metro: Adams 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 | $790 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $870 | $115,455 | 0.75% | D |
| 2BR | $1,050 | $151,120 | 0.69% | D |
| 3BR | $1,300 | $220,163 | 0.59% | F |
| 4BR | $1,380 | $254,979 | 0.54% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 45660, located in Adams County and part of the Scioto County, OH metro area, reveals several key points. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $980. This figure is notably higher than the average market rent reported by the Census Bureau's American Community Survey (ACS), which stands at $794. This discrepancy suggests that voucher tenants can generally cashflow at the FMR rate, providing a margin of safety for landlords.
To further understand the local real estate landscape, consider the median home value of $187,063. By calculating the rent-to-price ratio, we find that it is approximately 0.42%, indicating a relatively low rental yield compared to the overall property value. This metric is useful for comparing potential returns across different investment properties.
The data also indicates that there is an N/A-day median Days on Market (DOM) and a 0.3% share of listings that have had their prices cut. While these figures suggest a stable market with little price adjustment, they do not directly impact the decision between renting and buying. However, they provide context regarding the broader housing market conditions, which can influence tenant behavior and landlord strategies.
In conclusion, the strongest investor angle in ZIP code 45660 is likely to be cashflow. The difference between the HUD FMR and the market rent provides a significant buffer for landlords, ensuring positive cashflow even when accounting for typical vacancy rates and maintenance costs. This makes the area attractive for small-portfolio investors looking to secure steady income streams without the need for premium units to achieve profitability.
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.