Location: Akron, OH | Metro: Akron, 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 | $1,120 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,560 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,050 |
| 5 Bedrooms | $2,378 |
| 6 Bedrooms | $2,663 |
| 7 Bedrooms | $2,876 |
| 8 Bedrooms | $3,020 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,560 | $235,910 | 0.66% | D |
| 3BR | $1,870 | $310,070 | 0.6% | D |
| 4BR | $2,050 | $475,851 | 0.43% | F |
| 5BR | $2,378 | $581,713 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 44087, located in Twinsburg, OH, has a population of 22,185 residents, with 22.1% being renters. This indicates that the area is primarily homeowner-dominated, rather than renter-heavy. The median household income stands at $99,270, which provides a useful benchmark when assessing the affordability of rental properties.
A typical market rent of $1,900 in this area represents approximately 19.2% of the median household income. This suggests that while rents are not excessively high relative to income, they still constitute a significant portion of monthly earnings. For comparison, the Fair Market Rent (FMR) for ZIP 44087, set at $1,340 for FY 2024, is notably lower than the market rate, indicating that landlords relying solely on Section 8 vouchers may face challenges in covering their costs.
The discrepancy between the market rent and the FMR highlights the scarcity of vouchers in this area. Landlords and small-portfolio investors should anticipate a tenant pool that includes individuals and families who may have some financial flexibility but still require assistance through housing vouchers. Given the relatively low percentage of renters and the higher market rent, it is advisable for landlords to consider a mix of market-rate and subsidized tenants to balance their portfolio effectively.
In summary, ZIP 44087 is characterized by a strong homeowner presence and limited voucher availability. The expected tenant profile would consist of middle-income individuals and families seeking affordable housing options, potentially supplemented by outside income sources to meet the gap between market rent and FMR.
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.