Location: Youngstown-Warren, 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 | $740 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $212,303 | 0.47% | F |
| 3BR | $1,260 | $285,095 | 0.44% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 44449, North Benton, OH, is set at $930 for fiscal year 2024. This figure represents the maximum amount a landlord can receive through the Section 8 program for a unit in this area. It's important to note that this is not the actual rent you would charge tenants; rather, it's the benchmark used by the Housing Choice Voucher Program to determine the subsidy amount.
To put this into perspective, the average rent in North Benton, OH, based on Census ACS data, is $778. This means that the FMR is higher than the typical market rate, providing an opportunity for landlords to potentially receive a better income through the Section 8 program than they might from regular market rents.
The 17.9% of households that are renters indicates a steady demand for rental properties. This percentage suggests that nearly one in every five households in the area is looking for a place to rent, which is a significant portion of the population. Given this demand, there is a good chance that your property will be occupied, especially if it meets the criteria for the Section 8 program.
When considering acquiring a property for a Section 8 rental, the median home value of $218,985 is a key factor. This number reflects the typical price range for homes in North Benton, OH, and can help you estimate the cost of purchasing a suitable property. Keep in mind that the actual acquisition cost could vary depending on the condition and location of the property.
Before deciding to enter the Section 8 market, ensure that your property meets all the necessary standards and inspections required by the program. Specifically, verify that the housing unit passes the Housing Quality Standards (HQS) inspection, which checks for basic safety and habitability. This step is crucial because failing to meet these standards can delay the process or result in disqualification from the program.
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.