What is the Fair Market Rent in Lakemore, OH?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44250, which covers Lakemore, is $1,240 a month.
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 Lakemore is $1,055 (±$215), within its margin of the Small Area figure for ZIP 44250.
Figures last updated on .
- 2 bedrooms, whole area
- $1,231
- 2 bedrooms, ZIP 44250
- $1,240
Fair Market Rents for Lakemore, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Akron, OH MSA (whole area) | $886 | $952 | $1,231 | $1,474 | $1,618 | — |
| ZIP 44250 | $890 | $960 | $1,240 | $1,480 | $1,630 | $1,074 |
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 Lakemore
What is the Section 8 payment standard in Lakemore?
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 44250 is $1,240.
What is the Fair Market Rent for a two-bedroom in ZIP 44250?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44250 is $1,240 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,074 (±$168).
What is the Fair Market Rent for a one-bedroom in Lakemore?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44250 is $960 a month, against $952 across the Akron, OH MSA.
Sources
- HUD Fair Market Rents, fiscal year 2027: Akron, OH MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Akron, OH MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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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