Location: Athens County, OH | Metro: Athens County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The ZIP code 45782 is a prime location for landlords and small-portfolio investors looking to attract Section 8 tenants. With a population of 464 and 30.2% of residents being renters, the area has a significant portion of its population that relies on rental housing, indicating a strong potential for voucher demand.
To understand the financial dynamics of renting in this ZIP, let's look at the median household income, which stands at $47,337. The typical market rent of $746 per month represents approximately 18.5% of the local median income. This is a reasonable figure, suggesting that tenants can afford rent without it becoming an overwhelming expense.
Furthermore, comparing the market rent to the Fair Market Rent (FMR), which is set at $970 for fiscal year 2026 in the metropolitan area, reveals that the actual rents in ZIP 45782 are below the FMR. This means that landlords who charge $746 per month are likely to find their properties well within the range of what is considered affordable under federal guidelines, making them attractive to voucher holders.
The tenant profile a landlord in ZIP 45782 should expect includes individuals and families who are seeking stable housing and are likely to benefit from the rental assistance provided through Section 8 vouchers. These tenants will have their incomes verified and are expected to contribute 30% to 40% of their adjusted income towards rent, ensuring consistent and reliable payments.
In summary, ZIP 45782 presents a favorable environment for landlords interested in Section 8 tenants. The combination of a substantial rental population and market rents that are below the FMR suggests a robust demand for subsidized housing. Landlords can confidently expect to attract tenants who are financially responsible and benefit from government assistance to cover their housing costs.
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.