Location: Putnam County, OH | Metro: Putnam County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
The ZIP code 45893 is not a viable target for landlords seeking to attract Section 8 tenants. With a population of 160, there is an extremely low percentage of renters at 0.0%, indicating that this area is predominantly owner-occupied. The lack of rental activity suggests that there is little to no demand for housing vouchers in this community.
Given the median household income is listed as N/A, it's challenging to provide a direct comparison between local income and market rents. However, the absence of income data combined with the low number of renters implies that the economic conditions may not support a robust rental market.
The Fair Market Rent (FMR) for the metro area is set at $1,120 (for FY 2026). Without specific local rent figures, we can infer that if any rentals exist in ZIP 45893, they likely fall below or around this FMR level due to the limited rental demand. If typical market rents were to be close to the FMR, they would represent a significant portion of the average household income, assuming a standard income level for the region.
Landlords in ZIP 45893 should not expect a high volume of Section 8 tenants. The scarcity of renters and the apparent lack of voucher usage indicate that the tenant pool will be small and unlikely to include many participants in the federal housing assistance program. Investors should focus on areas with higher renter populations and documented income levels to better assess the potential for Section 8 tenancy.
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.