What is the Fair Market Rent in New Franklin, OH?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,000 to $1,300 a month across the 2 ZIP codes that cover New Franklin.

By ZIP code: 44216 $1,000, 44319 $1,300.

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 New Franklin is $1,094 (±$69), above the Small Area figure for ZIP 44216.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,231
2 bedrooms, ZIP 44216: $1,000
2 bedrooms, ZIP 44319: $1,300

Fair Market Rents for New Franklin, 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
	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 44216 (65% of the ZIP’s land is in this place)	$720	$780	$1,000	$1,210	$1,320	$832
ZIP 44319 (34% of the ZIP’s land is in this place)	$940	$1,010	$1,300	$1,560	$1,710	$1,151

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 New Franklin

What is the Section 8 payment standard in New Franklin?

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 44216 is $1,000.

What is the Fair Market Rent for a two-bedroom in ZIP 44216?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44216 is $1,000 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $832 (±$250).

What is the Fair Market Rent for a two-bedroom in ZIP 44319?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44319 is $1,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,151 (±$59).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44216 is $780 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.