What is the Fair Market Rent in Palmyra Township, OH?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44412, which covers Palmyra Township, is $1,010 a month.
Across the whole Akron, OH MSA the two-bedroom figure is $1,231.
Figures last updated on .
- 2 bedrooms, whole area
- $1,231
- 2 bedrooms, ZIP 44412
- $1,010
Fair Market Rents for Palmyra Township, 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 44412 (74% of the ZIP’s land is in this place) | $730 | $780 | $1,010 | $1,220 | $1,330 | $897 |
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 Palmyra Township
What is the Section 8 payment standard in Palmyra Township?
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 44412 is $1,010.
What is the Fair Market Rent for a two-bedroom in ZIP 44412?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44412 is $1,010 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $897 (±$455).
What is the Fair Market Rent for a one-bedroom in Palmyra Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44412 is $780 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 .
Related
- Housing in Palmyra Township at a glance
- Median rent in Palmyra Township
- Rent burden in Palmyra Township
- Income and affordability in Palmyra Township
- Home values in Palmyra Township
- Homeowner costs in Palmyra Township
- Property taxes in Palmyra Township
- Types of homes in Palmyra Township
- Age of homes in Palmyra Township
- Heating fuel in Palmyra Township
- Commute and cars in Palmyra Township
- Population growth in Palmyra Township
- Ohio landlord and tenant rules
- Housing across Portage County
- Housing data for every place in Ohio