Section 8 Fair Market Rent (FMR) for ZIP 45714 - 2027

Location: Washington County, OH | Metro: Washington County, OH

Investment Score for ZIP 45714

D
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$148,343
1% Rule
0.67%
Annual Yield
8.09%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$810
1 Bedroom$810
2 Bedrooms$1,000
3 Bedrooms$1,360
4 Bedrooms$1,520
5 Bedrooms$1,763
6 Bedrooms$1,975
7 Bedrooms$2,133
8 Bedrooms$2,240

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,000 $148,343 0.67% D
3BR $1,360 $204,819 0.66% D
4BR $1,520 $267,996 0.57% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
9,503
Median Household Income
$56,574
Housing Units
4,721
Renter Percentage
29.3%
Occupancy Rate
92.9%
Renter Occupied
1,284

The Fair Market Rent (FMR) for ZIP code 45714, Belpre, Ohio, stands at $980 for the metro area fiscal year 2026. This figure represents the payment standard set by the U.S. Department of Housing and Urban Development (HUD) for Section 8 housing vouchers, meaning that HUD will pay up to $980 per month for a unit in this area. However, it's important to note that this is not the rent you'll charge your tenant; it's the maximum amount HUD will reimburse you.

To put this into perspective, the average rent for the area is $873, based on recent Census American Community Survey (ACS) data. This suggests that the FMR is slightly above the local average, which can be beneficial for landlords who want to ensure they receive fair compensation for their units.

In ZIP 45714, approximately 29.3% of residents are renters. This indicates a steady demand for rental properties, making it a viable market for new Section 8 landlords. However, it's crucial to understand that while this percentage shows there are many potential tenants, not all of them will be Section 8 participants. The actual number of Section 8 applicants in your area could be lower.

When considering purchasing a property for Section 8 rentals, the median home value in the area is around $184,129. This figure can help you gauge the initial investment required to enter the market. Keep in mind that the acquisition cost should also factor in any necessary renovations or improvements to meet Section 8 standards.

Before committing to a Section 8 rental in ZIP 45714, one key thing to verify is the specific requirements for participating in the program in your county. These can include property inspections, income limits for tenants, and documentation needed for approval. Make sure you understand these requirements to avoid delays or complications once you have a tenant lined up.

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.