Location: Auglaize County, OH | Metro: Lima, OH MSA
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 | $970 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,280 | $194,435 | 0.66% | D |
| 3BR | $1,580 | $236,603 | 0.67% | D |
| 4BR | $1,760 | $295,412 | 0.6% | F |
U.S. Census Bureau data (2024)
In ZIP code 45806, which encompasses Fort Shawnee, Ohio in Allen County, the Section 8 housing program operates based on the Specific Area Fair Market Rent (SAFMR) for a two-bedroom apartment, set at $970 per month for fiscal year 2024. This SAFMR is specifically tailored for this ZIP code, reflecting the unique rental market conditions of the area.
The local market rent for a two-bedroom unit in this ZIP code is slightly higher at $1,042 per month, according to the Census American Community Survey data. When a landlord participates in the Section 8 program, the payment structure involves both the Housing Authority's reimbursement and the tenant's contribution towards rent.
A landlord should understand that the total rent received from a tenant with a Section 8 voucher will consist of two parts: the tenant's share and the government subsidy. The tenant's portion is typically 30% of their adjusted income. For instance, if a tenant's monthly income is $1,500, their share would be $450. However, the exact amount can vary based on the tenant's income and expenses.
The government subsidy covers the difference between the tenant's portion and the SAFMR, plus any utility allowances. In ZIP 45806, the utility allowance is included in the SAFMR calculation, so it doesn't add extra to the reimbursement. Therefore, for a two-bedroom unit, the landlord would receive a total of $970 per month, which includes both the tenant's contribution and the government subsidy.
To illustrate, if the tenant's share is $450, the Housing Authority would cover the remaining $520 to reach the SAFMR of $970. This ensures that the landlord receives the established fair market rate, even if the tenant cannot afford the full local market rent.
Given these numbers, there is a $72 monthly gap between the local market rent of $1,042 and the SAFMR of $970. This means that landlords in ZIP 45806 who participate in the Section 8 program will receive less than the average local market rent for a two-bedroom unit, resulting in a surplus for tenants but a shortfall for landlords.
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.