Location: Scioto County, OH | Metro: Scioto County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP 45699 are governed by the SAFMR (Small Area Fair Market Rent) for a two-bedroom unit, which is set at $1,010 for the fiscal year 2026. This SAFMR is specifically tailored to this ZIP code, reflecting the unique housing market conditions here. Unfortunately, the local market rent data for ZIP 45699 is currently unavailable, making it difficult to compare the SAFMR directly to what landlords might typically charge.
A Section 8 voucher works by covering the difference between what a low-income family can afford and the SAFMR. Typically, the tenant is responsible for paying approximately 30% of their adjusted monthly income toward rent. The voucher then covers the remainder up to the SAFMR limit. For example, if a tenant's income is $2,000 per month, they would pay around $600 towards rent. The voucher would cover the remaining $410 to reach the total SAFMR of $1,010.
In addition to the base rent, there are utility allowances that must be considered. These allowances vary but generally cover electricity, water, sewer, garbage collection, and sometimes local telephone service. If utilities are included in the rent, the landlord receives an additional amount to cover these costs, which is also part of the SAFMR calculation.
The reimbursement gap or surplus arises when comparing the total voucher payment (including utilities) to the actual market rent. In ZIP 45699, since the local market rent is not specified, we cannot definitively state whether landlords will face a reimbursement gap or receive a surplus. However, if the market rent were higher than $1,010, landlords would have to absorb the difference, creating a reimbursement gap. Conversely, if the market rent were lower, landlords could benefit from a surplus, where the voucher payment exceeds the standard rental price.
To illustrate, if the market rent for a two-bedroom apartment in ZIP 45699 is hypothetically $900, the landlord would receive the full $1,010 from the voucher program, resulting in a surplus of $110. But without concrete market rent data, landlords should prepare for potential variability and understand that the SAFMR of $1,010 is the maximum reimbursement they can expect for a two-bedroom unit under the Section 8 program.
Data Sources: FMR data from HUD (2027). 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.