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 | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,300 | $154,069 | 0.84% | C |
U.S. Census Bureau data (2024)
The ZIP code 45779 stands out within its county due to a unique blend of demographic and economic factors. With a population of only 562 residents, it is one of the smallest communities, yet it has a notable rental rate of 33.1%. This percentage suggests that a significant portion of the local residents are tenants rather than homeowners. The median income here is $44,375, which is relatively modest compared to the median home value of $97,126. This disparity highlights a challenge for renters to become homeowners, indicating a potential reliance on affordable housing options such as Section 8 vouchers.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for ZIP 45779 is set at $1,010 for fiscal year 2026. In contrast, the current market rent, based on Census ACS data, is $795. This means that the Section 8 voucher can cover more than the typical rental cost, providing a substantial incentive for landlords to accept these vouchers. The difference between the FMR and the actual market rent allows landlords to receive a higher payment than the average rental price, thereby potentially increasing the pool of available rental properties for voucher holders.
Evaluating the overall data signature of ZIP 45779, it appears stable rather than transitional. The modest growth in median home values and the consistent rental rates suggest a community that has found its equilibrium. However, the gap between median income and median home values points to a long-term stability in terms of affordability challenges. For landlords and small-portfolio investors, this ZIP code offers an opportunity to participate in a supportive rental environment where Section 8 vouchers can be a valuable asset in securing tenants.
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.