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 | $700 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,010 |
| 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 |
|---|---|---|---|---|
| 1BR | $820 | $51,709 | 1.59% | A+ |
| 2BR | $1,010 | $77,111 | 1.31% | A |
| 3BR | $1,360 | $125,991 | 1.08% | B |
| 4BR | $1,510 | $163,722 | 0.92% | C |
| 5BR | $1,752 | $231,517 | 0.76% | D |
U.S. Census Bureau data (2024)
ZIP 45662 should be considered a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the Scioto County, OH metro area in fiscal year 2026 is set at $970, while the current market rent is only $738. This creates a significant spread of $232 per month, ensuring that landlords receive above-market rents when their properties are leased through the Section 8 program. This above-market rent helps to offset any potential losses from lower-income tenants who might struggle to pay rent on time.
The median home value in ZIP 45662 is $99,195, which is relatively low compared to other areas. This makes it easier for landlords to purchase properties at a lower cost, thereby increasing their potential profit margins. Additionally, the low median home value suggests that there is a high demand for affordable housing, making it an ideal location for Section 8 properties.
The ZIP code also has a 45.9% renter share, indicating that a significant portion of the population relies on rental housing. With a median income of $36,504, many residents are likely to qualify for Section 8 housing assistance, further supporting the demand for these types of properties.
While the 0.2% price-cut share and N/A-day Days on Market (DOM) suggest limited appreciation potential, the primary focus for landlords and small-portfolio investors in ZIP 45662 should be on maintaining steady cash flow rather than capital appreciation. The guaranteed above-market rent provided by the Section 8 program ensures a reliable source of income, making it an excellent choice for those looking to anchor their portfolios with stable, predictable returns.
In summary, ZIP 45662 serves as a cash-flow anchor due to the substantial spread between the FMR and market rent, coupled with the high demand for affordable housing and a significant portion of the population relying on rental properties. This strategic role within a Section 8 portfolio can provide landlords and small-portfolio investors with a solid foundation for generating consistent 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.