Location: Meigs County, OH | Metro: Meigs 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 | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,200 | $208,334 | 0.58% | F |
U.S. Census Bureau data (2024)
The market in ZIP 45743 presents a dynamic scenario where the Federal Market Rent (FMR) at $970 for fiscal year 2026 stands notably above the current market rent of $738, based on Census ACS data. This indicates that there is potential for rental rates to rise, aligning with the FMR over time. The median home value of $127,370 suggests an affordable entry point for homeownership, yet the lack of data on price-cut share and days on market (DOM) makes it challenging to definitively conclude whether supply outpaces demand or vice versa.
However, the 16.5% renter share offers insights into the long-term housing pressures. With a significant portion of the population choosing to rent, it implies a steady demand for rental properties. Landlords and small-portfolio investors should take note of this trend, as it signals a market where rental properties can be a reliable investment. The discrepancy between the FMR and current market rent also points towards a growing market, where rental prices are expected to increase to meet the federal standards.
In summary, ZIP 45743 appears to be a market in flux, driven by the interplay between affordable home values and a notable renter population. For investors, the current lower-than-FMR rental prices present an opportunity to enter the market at advantageous rates, while the high renter share ensures a consistent demand for rental units. The trajectory towards higher rents aligns with federal standards, indicating a market poised for growth and stability in the rental sector.
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.