Section 8 Fair Market Rent (FMR) for ZIP 45766 - 2027

Location: Vinton County, OH | Metro: Athens County, OH

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$890
1 Bedroom$910
2 Bedrooms$1,090
3 Bedrooms$1,350
4 Bedrooms$1,470
5 Bedrooms$1,705
6 Bedrooms$1,910
7 Bedrooms$2,063
8 Bedrooms$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,298
Median Household Income
$72,518
Housing Units
544
Renter Percentage
7.8%
Occupancy Rate
92.1%
Renter Occupied
39

The market snapshot for ZIP code 45766 reveals a dynamic housing landscape that is evolving. With a Fair Market Rent (FMR) of $1,070 as of fiscal year 2026, it's evident that rental pricing is set at a level designed to be accessible for moderate-income households. However, the absence of current market rent data suggests either a lack of recent activity or a limited dataset, which could indicate that the area is less frequently updated or has a lower volume of rental transactions.

The median home value of $143,136 indicates an affordable residential market, potentially attracting first-time buyers and investors looking for entry-level opportunities. The low percentage of homes offered at a price cut and the unspecified days on market (DOM) suggest that while the market may not be highly competitive, it also isn't experiencing rapid appreciation or high turnover rates. This stability can be beneficial for small-portfolio investors seeking consistent, if not spectacular, returns.

A notable figure is the 7.8% renter share, which provides insight into the local housing dynamics. A smaller proportion of renters compared to owners can imply that there is less immediate pressure on rental properties, but it also points to a potential long-term challenge. As more people seek rental options due to economic factors or lifestyle choices, the relatively low renter share might signal future growth in the rental market. This could translate into increased demand for rental properties, leading to higher occupancy rates and potentially upward pressure on rents over time.

In summary, ZIP 45766 presents a market where supply and demand are likely balanced, with a slight lean towards a stable environment rather than one characterized by rapid change. The affordability of both rentals and homeownership suggests a broad appeal to various segments of the population. The low renter share, however, hints at a latent demand that could materialize as rental preferences shift, making it a market worth watching for its evolving dynamics.

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.