Section 8 Fair Market Rent (FMR) for ZIP 44436 - 2027

Location: Youngstown-Warren, OH | Metro: Youngstown-Warren, OH MSA

Investment Score for ZIP 44436

C
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$117,174
1% Rule
0.85%
Annual Yield
10.24%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,000 $117,174 0.85% C
3BR $1,300 $196,893 0.66% D
4BR $1,370 $263,830 0.52% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,077
Median Household Income
$69,514
Housing Units
1,610
Renter Percentage
16.7%
Occupancy Rate
88.8%
Renter Occupied
239

The ZIP code 44436, located in Lowellville, OH, has a population of 3,077 residents. Only 16.7% of these residents are renters, indicating that this area is predominantly homeowner-dominated rather than renter-heavy. The median household income stands at $69,514, which provides a benchmark for assessing the affordability of rental units.

A typical market rent of $765 consumes approximately 11% of the median household income, making it relatively affordable for most residents. However, when compared to the Fair Market Rent (FMR) of $860, landlords might find themselves needing to adjust their expectations regarding rental prices. The discrepancy between the market rent and FMR suggests that there is a potential gap in the local rental pricing, possibly due to lower demand for higher rents.

The scarcity of vouchers in this area can be inferred from the low percentage of renters. Landlords in ZIP 44436 should not anticipate a deep pool of Section 8 tenants, as the number of renters is limited. Instead, they should prepare for a tenant pool that primarily consists of individuals who can afford market rates without the assistance of housing vouchers.

To summarize, landlords in Lowellville, OH, should expect a smaller pool of potential Section 8 tenants due to the homeowner-dominated nature of the area. While the $765 market rent is reasonable for the local income level, the FMR of $860 indicates that there could be less demand for higher priced rentals. The expected tenant profile would be individuals capable of paying market rates, with fewer seeking voucher assistance.

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.