Location: Columbiana County, OH | Metro: Canton-Massillon, OH MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,090 | $109,910 | 0.99% | C |
| 3BR | $1,400 | $161,717 | 0.87% | C |
| 4BR | $1,470 | $252,674 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 43945, encompassing Salineville, OH, presents a market where the dynamics between supply and demand are critical for both landlords and small-portfolio investors. The Fair Market Rent (FMR) for the area stands at $860 for the fiscal year 2024, slightly below the market rent of $883 as reported by the Census Bureau's American Community Survey. This indicates that the rental market is relatively stable but slightly favoring tenants, who can find units renting just above the government-set FMR.
A median home value of $126,068 suggests an affordable market for homeownership, which could influence the rental market. If homeownership is accessible, it might reduce the number of potential renters, thus affecting the demand side. However, the lack of specific data on the percentage of price cuts and days on market (DOM) means we cannot definitively state whether supply outpaces demand or vice versa. These missing metrics would provide clearer insights into the speed and ease with which properties are sold or rented.
The 18.2% renter share is noteworthy. This figure implies a significant portion of the population opts for renting over owning, which can be indicative of long-term housing pressures. A higher renter share often points to challenges such as affordability, employment stability, or preference for mobility, all of which can impact the rental market's sustainability. Landlords and investors should consider these factors when evaluating the potential for rental income growth or stability in Salineville.
In summary, while the current snapshot shows a balanced rental market with slight tenant favorability, the high renter share suggests ongoing pressures that could influence future trends. Investors must stay attuned to broader economic conditions and local developments that might affect the balance between supply and demand.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.