Location: Putnam County, OH | Metro: Putnam County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
U.S. Census Bureau data (2024)
ZIP code 45815, located within Putnam County, OH, has a Family Monthly Income (FMI) Fair Market Rent (FMR) of $1,250 for fiscal year 2026. This figure is critical for landlords and small-portfolio investors operating within the Section 8 housing program, as it dictates the maximum rental amount that can be subsidized for eligible families.
To contextualize 45815's metrics, let us consider typical characteristics of other ZIP codes in Putnam County, OH. While the specific FMRs for other ZIP codes are not provided, we can infer that 45815's FMR of $1,250 is likely indicative of a modest rental market, given that it aligns with the lower end of typical FMRs seen in similar rural counties across Ohio.
The absence of market rent and home value data for ZIP 45815 suggests limited availability of comprehensive real estate statistics, which might be due to the area's relatively low population density or fewer transactions. However, the 21.4% renter share is a significant point of comparison. In many rural areas, including those in Putnam County, the average renter share is typically around 15-20%, making 45815 above average in terms of renters.
This higher-than-average renter share combined with a defined FMR and the lack of specific market rent and home value data could indicate that 45815 is a value pocket within the metro. Value pockets are neighborhoods where the cost of living is relatively lower compared to surrounding areas, and they attract a higher proportion of renters, often supported by government programs such as Section 8.
In summary, ZIP 45815 appears to be a value pocket within its metro, characterized by a modest FMR of $1,250 and a higher-than-typical renter share of 21.4%. The limited data on market rents and home values further supports the inference that this area is less expensive, potentially offering a stable and attractive investment opportunity for landlords willing to participate in the Section 8 program.
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.