What is the Fair Market Rent in Akron, OH?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,000 to $1,560 a month across the 8 ZIP codes that cover Akron.

By ZIP code: 44301 $1,240, 44302 $1,000, 44303 $1,090, 44304 $1,170, 44307 $1,090, 44308 $1,560, 44311 $1,040, 44314 $1,120.

Across the whole Akron, OH MSA the two-bedroom figure is $1,231.

The Census Bureau’s median gross rent for a two-bedroom home in Akron is $966 (±$24), below the Small Area figure for ZIP 44301.

Figures last updated on .

2 bedrooms, whole area
$1,231
2 bedrooms, ZIP 44301
$1,240
2 bedrooms, ZIP 44302
$1,000
2 bedrooms, ZIP 44303
$1,090

Fair Market Rents for Akron, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Akron, OH MSA (whole area)$886$952$1,231$1,474$1,618—
ZIP 44301$890$960$1,240$1,480$1,630$1,004
ZIP 44302$720$780$1,000$1,200$1,320$814
ZIP 44303$780$840$1,090$1,310$1,430$929
ZIP 44304$840$910$1,170$1,400$1,540$917
ZIP 44307$780$840$1,090$1,310$1,430$811
ZIP 44308$1,120$1,210$1,560$1,870$2,050$1,268
ZIP 44311$750$800$1,040$1,250$1,370$824
ZIP 44314$810$870$1,120$1,340$1,470$967

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Akron

What is the Section 8 payment standard in Akron?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Akron, OH MSA is $1,231, and the Small Area figure for 44301 is $1,240.

What is the Fair Market Rent for a two-bedroom in ZIP 44301?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44301 is $1,240 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,004 (±$88).

What is the Fair Market Rent for a two-bedroom in ZIP 44302?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44302 is $1,000 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $814 (±$76).

What is the Fair Market Rent for a two-bedroom in ZIP 44303?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44303 is $1,090 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $929 (±$107).

What is the Fair Market Rent for a one-bedroom in Akron?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44301 is $960 a month, against $952 across the Akron, OH MSA.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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