Section 8 Fair Market Rent (FMR) for ZIP 44441 - 2027

Location: Columbiana County, OH | Metro: Columbiana County, OH

Investment Score for ZIP 44441

F
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$172,409
1% Rule
0.58%
Annual Yield
6.96%

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$780
1 Bedroom$790
2 Bedrooms$1,000
3 Bedrooms$1,290
4 Bedrooms$1,320
5 Bedrooms$1,531
6 Bedrooms$1,715
7 Bedrooms$1,852
8 Bedrooms$1,945

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,000 $172,409 0.58% F
3BR $1,290 $247,244 0.52% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,571
Median Household Income
$144,412
Housing Units
677
Renter Percentage
9.2%
Occupancy Rate
93.4%
Renter Occupied
58

The ZIP code 44441, located in Rogers, Ohio, presents a dynamic rental market influenced by several key factors. The Fair Market Rent (FMR) set at $1,000 for the fiscal year 2026 indicates a benchmark that landlords can use to price their units competitively. However, the actual market rent, according to Census ACS data, stands at $733. This suggests that while the FMR is higher, the current market conditions reflect a lower average rent, possibly due to supply exceeding demand.

The median home value in ZIP 44441 is $201,693, which provides insight into the overall cost of living and property values in the area. Although the data on price-cut share and days on market (DOM) are currently unavailable, the disparity between FMR and market rent implies a potential oversupply of rental properties, leading to downward pressure on rents.

A 9.2% renter share is noteworthy. This relatively low percentage of renters compared to homeowners points to a community that predominantly favors ownership over renting. Such a trend can exert long-term housing pressures, as it suggests a smaller pool of potential tenants for rental properties. Landlords should consider this when setting rents and preparing units, as the competition for a limited number of renters might be intense.

In summary, ZIP 44441's rental market appears to be in flux, with signs indicating that supply may be outpacing demand. The difference between FMR and market rent, coupled with the low renter share, paints a picture of a challenging environment for landlords aiming to maintain occupancy rates and rental income levels.

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.