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 | $770 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $133,863 | 0.76% | D |
| 3BR | $1,320 | $184,085 | 0.72% | D |
| 4BR | $1,400 | $259,488 | 0.54% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 44425, which includes Hubbard, OH, is set at $860 per month for the fiscal year 2024. This figure represents the payment standard for Section 8 housing vouchers, meaning that voucher holders will be able to use their vouchers to cover up to this amount for their monthly rent. However, it's important to note that this does not mean you should set your rent at $860; it simply indicates the maximum amount a voucher can cover.
To put this into context, the average rent in the area is currently $831 per month, according to recent Census Bureau data. While the FMR is slightly higher, it's still close enough to the local average to suggest that Section 8 tenants could potentially afford to pay a little extra out-of-pocket if necessary.
The demand for rentals in Hubbard, OH, is quite strong, with 21.4% of residents being renters. This percentage translates into a significant number of potential tenants who might be interested in your property, especially those relying on Section 8 vouchers. The high renter share also indicates a robust market for rental properties, which can be beneficial when managing a small portfolio of investments.
When considering the acquisition cost of a property in this area, the median home value is around $165,728. This figure gives you an idea of the typical price point for purchasing a home in Hubbard, OH. It's essential to factor in this cost along with other expenses such as maintenance, insurance, and property taxes when evaluating the financial viability of a Section 8 rental.
Before making the decision to accept Section 8 tenants, verify that your property meets the Housing Quality Standards (HQS). These standards ensure that the unit is safe, decent, and sanitary for living. Failing to meet these criteria can result in penalties and loss of rental income.
In summary, the FMR of $860 for ZIP 44425 provides a guideline for the maximum voucher payment, aligning closely with the local average rent of $831. With a 21.4% renter share, there is substantial demand for rentals in the area. The median home value of $165,728 offers insight into the typical acquisition costs. Ensure your property meets HQS to avoid issues and maximize your investment's success.
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.