Section 8 Fair Market Rent (FMR) for ZIP 45773 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$820
1 Bedroom$830
2 Bedrooms$1,020
3 Bedrooms$1,370
4 Bedrooms$1,530
5 Bedrooms$1,775
6 Bedrooms$1,988
7 Bedrooms$2,147
8 Bedrooms$2,254

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
600
Median Household Income
$69,848
Housing Units
194
Renter Percentage
19.6%
Occupancy Rate
86.6%
Renter Occupied
33

The Fair Market Rent (FMR) for ZIP code 45773 in metro FY 2026 is set at $980. This figure represents the payment standard for Section 8 housing vouchers in the area, meaning that voucher holders can use their subsidy to cover up to $980 of rent. However, it's important to note that this does not dictate your rent price; you set the rent, and if it's reasonable and below a certain limit, the voucher will cover part of it.

While there isn't specific local market rent data available for ZIP 45773, we can still gauge the potential demand for Section 8 rentals. With a renter share of 19.6%, there is a significant portion of the population who rely on rental housing, indicating strong demand for affordable units. This suggests that there will be interested tenants looking for properties within the voucher limits.

Regarding the acquisition cost of properties in ZIP 45773, there isn't enough data to provide a precise median home value. However, you should consider the FMR when evaluating whether the property will be competitive and attractive to voucher holders. A property priced too high might struggle to attract tenants.

To ensure a successful Section 8 rental venture, verify that the property meets all HUD and local inspection standards before proceeding. This includes safety, habitability, and accessibility requirements. Compliance with these standards is mandatory and will help avoid delays in securing a tenant.

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.