Location: Youngstown-Warren, OH | Metro: Youngstown-Warren, 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 | $760 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $225,037 | 0.44% | F |
| 3BR | $1,300 | $317,617 | 0.41% | F |
| 4BR | $1,370 | $420,118 | 0.33% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 44401, located in Berlin Center, OH, reveals a unique blend of yield and stability characteristics that could be appealing to both high-risk tolerance and conservative investors.
On the yield axis, the Fair Market Rent (FMR) for 2024 stands at $1290, significantly higher than the current market rent of $850. This indicates a potential opportunity for rental income growth. Additionally, the median home value of $289,022 suggests that properties in this area can be acquired at a price point that allows for healthy capital appreciation over time.
Regarding stability, the area has a relatively low percentage of renters at 15.0%, which could imply a higher turnover rate and potential challenges in maintaining consistent cash flow. The absence of day DOM (days on market) data makes it difficult to assess how quickly properties are typically leased, but the median household income of $71,953 provides some assurance regarding the financial stability of tenants, assuming they can afford the higher rents.
Based on these figures, ZIP 44401 leans towards being a high-yield/low-stability market. The significant gap between FMR and market rent points to a scenario where flipping or rapidly re-leasing properties could yield substantial returns, albeit with increased risk due to the lower renter population. However, the solid median income figure offers a counterbalance, suggesting that while the market may be volatile, there is a reasonable likelihood that tenants will be able to meet their rent obligations.
To conclude, for landlords and small-portfolio investors looking to capitalize on rental income growth opportunities, ZIP 44401 presents itself as a viable option. However, those who prioritize steady cash flow and long-term stability might find the area less attractive due to its lower renter population and potentially higher tenant turnover rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.