Location: Auglaize County, OH | Metro: Auglaize County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,000 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,830 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 45819, located in Auglaize County, Ohio, reveals key insights for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,210 per month for the fiscal year 2026, which is slightly below the market rent reported by the Census American Community Survey (ACS) at $1,304. This means that voucher tenants will typically cashflow at the FMR rate but only marginally so, given the proximity of the FMR to the actual market rent.
To further analyze the investment potential, consider the median home value in the area, which stands at $146,524. Using this figure, we can calculate the rent-to-price ratio. With an average monthly rent of $1,304, the annual rent would be approximately $15,648. Dividing this by the median home value gives us a rent-to-price ratio of about 10.7%, indicating that rental income represents a significant portion of the property's value. This ratio suggests that rental properties in this area can provide a decent return relative to the purchase price.
Note that the median Days on Market (DOM) and the percentage of homes that experienced price cuts are not available. However, these metrics would be relevant if there were concerns about the rent-versus-buy dynamics affecting the local real estate market. In their absence, we rely on the other data points to form our analysis.
The strongest investor angle in ZIP code 45819 is likely stability. Given the close alignment between the HUD FMR and market rents, along with the reasonable rent-to-price ratio, investors can expect steady and predictable cash flows without significant risks associated with rapid changes in the housing market. This makes it an attractive option for those seeking a reliable investment with consistent returns.
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.