Location: Vinton County, OH | Metro: Jackson 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 | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $830 | $79,763 | 1.04% | B |
| 2BR | $1,080 | $112,894 | 0.96% | C |
| 3BR | $1,340 | $155,357 | 0.86% | C |
| 4BR | $1,440 | $188,462 | 0.76% | D |
U.S. Census Bureau data (2024)
The ZIP code 45692, located in Wellston, OH, within Jackson County, stands out due to its unique demographic and economic profile. With a population of 7,997 residents, it has a rental rate of 28.2%, indicating a moderate demand for rental properties. The median household income in this area is $55,301, while the median home value is notably higher at $116,960, reflecting a stable housing market.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980. This is significantly higher than the current market rent of $714, as reported by the Census Bureau's American Community Survey. This disparity suggests that landlords accepting Section 8 vouchers can potentially charge more than the typical market rate, making it a favorable option for those looking to maximize their rental income without compromising on affordability for tenants.
The data signature for ZIP 45692 reads as stable. The relatively high median home value and the established rental market indicate a consistent demand for housing, both owned and rented. Additionally, the FMR exceeding the current market rent implies a positive outlook for landlords who are willing to participate in the Section 8 program, ensuring steady income and occupancy rates.
To summarize, Wellston, OH, offers a balanced environment for real estate investment, particularly for those interested in the Section 8 program. Landlords can expect to benefit from the higher FMR rates compared to the local market, while the overall stability of the housing market provides assurance against sudden fluctuations.
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.