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 | $780 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,200 | $162,672 | 0.74% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 45775 is set at $1,080 per month for the fiscal year 2026. This figure represents the payment standard for Section 8 housing assistance in this area, meaning it is the maximum amount that the government will pay to cover a tenant's rent. However, it does not necessarily reflect the actual rent you can charge.
Despite the lack of specific local rent data available, we can infer that the metro-wide FMR of $1,080 is likely reflective of the general rental market conditions in ZIP 45775. With a 17.2% share of renters in the area, there is a significant demand for affordable housing options. This suggests that landlords who offer Section 8 properties can expect a steady stream of interested tenants.
When considering the acquisition cost of a property in ZIP 45775, the median household income provides a useful benchmark. At $105,454, this indicates that the local economy supports higher income levels, which could translate into better maintenance and upkeep of rental properties over time. However, the majority of your tenants will be seeking assistance under the Section 8 program, so it is important to ensure the property meets the necessary standards for affordability.
Before proceeding with a Section 8 rental in ZIP 45775, it is crucial to verify that your proposed rent is reasonable and competitive within the local market. While the FMR serves as a guideline, it is essential to check comparable rents in the vicinity to ensure your property will attract and retain tenants without being overpriced.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.