Location: Meigs County, OH | Metro: Athens County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The ZIP code 45735 is nestled within a suburban landscape that offers a blend of rural charm and urban convenience. This area is particularly interesting for real estate investors due to its unique characteristics and potential for growth, especially considering the implications for Section 8 housing.
Investors looking to enter the ZIP 45735 market should focus on properties that align with the FMR of $1,070, given that this is the benchmark for affordable housing. With a median home value of $203,793, the acquisition cost is reasonable, balancing between affordability and potential for appreciation. The 10.7% renter share points to a niche market opportunity, where the demand for rental properties can be met without oversaturating the local market. Considering the median income, properties should cater to individuals and families who are likely to qualify for Section 8 assistance, ensuring a stable tenant pool. Overall, ZIP 45735 presents a viable investment opportunity for those interested in the affordable housing sector, with potential for long-term stability and modest returns.
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.