Location: Wayne County, 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 | $720 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $206,399 | 0.5% | F |
| 3BR | $1,250 | $284,640 | 0.44% | F |
| 4BR | $1,460 | $396,864 | 0.37% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 44230, located in Doylestown, OH, Wayne County, are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code for fiscal year 2024 is set at $1050. This figure is higher than the local market rent, which stands at $894 according to the latest Census ACS data.
A landlord participating in the Section 8 program will receive a voucher payment that covers most of the rent, but not all. The voucher system works by setting a limit on how much of the rent the tenant must pay out-of-pocket, typically around 30% of their income. For instance, if a tenant's monthly income is $1500, they would be responsible for paying $450 towards the rent. The remainder, up to the SAFMR limit, is covered by the voucher.
In the case of a two-bedroom apartment in ZIP 44230, the reimbursement would look like this:
Note that the voucher also includes utility allowances. These allowances vary but generally provide an additional amount to cover electricity, gas, water, and sewer costs. For ZIP 44230, let's assume the utility allowance is approximately $200 per month. This means the total voucher payment, including utilities, would be $600 (rent) + $200 (utilities) = $800.
Given the local market rent is $894, there is a surplus when compared to the SAFMR. The landlord would receive $1050 from the voucher program, while the average market rent is $894. Therefore, the surplus for a landlord renting a two-bedroom apartment at the market rate would be $1050 - $894 = $156 per month. This surplus ensures that landlords can maintain their properties and still make a profit even when renting to tenants with vouchers.
To summarize, landlords in ZIP 44230 can expect a Section 8 voucher to cover a significant portion of the rent, plus utility costs. With the SAFMR at $1050 and the local market rent at $894, the typical reimbursement gap or surplus for a two-bedroom apartment is $156 per month, favoring landlords.
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.