Section 8 Fair Market Rent (FMR) for ZIP 44455 - 2027

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

Investment Score for ZIP 44455

D
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$163,349
1% Rule
0.61%
Annual Yield
7.35%

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 $163,349 0.61% D
3BR $1,290 $207,449 0.62% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,597
Median Household Income
$71,050
Housing Units
583
Renter Percentage
15.9%
Occupancy Rate
92.6%
Renter Occupied
86

The Section 8 market in ZIP 44455, which covers Rogers, OH, in the Columbiana County metro area, offers a unique opportunity for investors. The HUD Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. This figure represents the maximum amount landlords can charge voucher holders for their units. In contrast, the Census ACS data indicates a market rent of $673 for the same area.

This disparity means that voucher tenants in ZIP 44455 will generally cashflow at the FMR rate, providing a significant financial advantage over market rates. Landlords can expect to earn an additional $297 per month on average when renting to voucher tenants, assuming they charge the FMR rate. This substantial margin suggests that even with premium units, landlords can still achieve positive cash flow, albeit at a higher rate.

To further analyze the investment potential, consider the median home value of $175,864. Using this figure, we can calculate the rent-to-price ratio, which stands at approximately 4.4%. This ratio is derived by dividing the annual rent ($970 * 12) by the median home value, indicating that the rental income is relatively low compared to the property value. However, it also highlights the affordability of the area for potential homeowners.

The dynamics between renting and buying in ZIP 44455 do not significantly impact the decision-making process, as there is no available data on the median Days on Market (DOM) or the percentage of properties that required price cuts. This lack of information does not detract from the attractiveness of the area for investors, given the strong cashflow potential from Section 8 tenants.

The strongest angle for Section 8 investors in ZIP 44455 is cashflow. The difference between the FMR and market rent provides a reliable source of income that surpasses typical market conditions, making it an ideal location for those seeking steady returns on their investments.

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.