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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,300 | $225,811 | 0.58% | F |
U.S. Census Bureau data (2024)
To classify ZIP code 44450, we must consider both yield and stability metrics. The Fair Market Rent (FMR) for ZIP 44450 in fiscal year 2024 is set at $860. This compares favorably to the broader market FMR of $809, indicating a higher potential rental yield. However, the median home value in this ZIP code stands at $207,342, which suggests that it might not be a low-cost area where flipping properties for quick profit would be common.
Regarding stability, the rental market shows that 18.2% of residents are renters. While this percentage is relatively low, it does not provide a complete picture without knowing the typical days on market (DOM) for rentals. Unfortunately, the DOM data is not available, making it challenging to assess the speed at which rental units are filled. The median household income is $51,723, which is an important indicator of the financial stability of the tenants. A higher income level generally correlates with lower risk of default on rent payments.
Based on these figures, ZIP 44450 leans towards being a steady-cashflow zone. The higher FMR compared to the general market indicates a potentially lucrative rental opportunity. However, the relatively high median home value and moderate percentage of renters suggest that this is not a high-turnover, flip-style market. The lack of DOM data prevents a definitive assessment of the stability of the rental market, but the income figure provides some assurance regarding tenant reliability.
To summarize, the primary drivers for this classification are the favorable FMR, which is above the market average, and the median income, which supports stable cash flow. Landlords and small-portfolio investors should find this ZIP code suitable for generating consistent rental income rather than rapid property flips.
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.