Section 8 Fair Market Rent (FMR) for ZIP 45868 - 2027

Location: Putnam County, OH | Metro: Hancock County, OH

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$950
1 Bedroom	$1,050
2 Bedrooms	$1,370
3 Bedrooms	$1,780
4 Bedrooms	$2,020
5 Bedrooms	$2,343
6 Bedrooms	$2,624
7 Bedrooms	$2,834
8 Bedrooms	$2,976

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

737

Median Household Income

$95,875

Housing Units

229

Renter Percentage

10.5%

Occupancy Rate

100.0%

Renter Occupied

Housing Authorities Serving ZIP 45868

Hancock Metropolitian Housing Authority (Findlay, OH) - 870 Section 8 vouchers

The ZIP code 45868, located in southwestern Ohio, offers a stable and modestly growing real estate market for both landlords and small-portfolio investors. This area is characterized by its blend of suburban charm and accessibility to urban amenities, making it an attractive location for renters and homeowners alike.

The Fair Market Rent (FMR) for ZIP 45868 is set at $1,330 for the fiscal year 2026, indicating a solid baseline for rental pricing expectations.
The market rent for the area, according to the Census American Community Survey (ACS), is currently $1,097. This suggests that there is room for rental price increases to align with FMR standards.
The median home value in ZIP 45868 stands at $222,292, providing a moderate investment entry point for potential homeowners and a reasonable property value for landlords.
Renters make up 10.5% of the housing market, showing a smaller but steady demand for rental properties. This percentage is likely to grow as the area continues to develop.
The median income for residents is $95,875, which supports a robust local economy and indicates that tenants can afford higher rents without significant strain on their budgets.

Investors looking to enter the ZIP 45868 market should anticipate a fair opportunity for growth, given the discrepancy between current market rents and FMR. The relatively low median home value and moderate renter share suggest a balanced market where both rental and homeownership investments can thrive. With a strong median income supporting the local economy, the area is poised for continued stability and gradual appreciation, making it a favorable choice for those seeking long-term real estate investments.

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.