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 | $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 |
|---|---|---|---|---|
| 2BR | $1,000 | $179,946 | 0.56% | F |
| 3BR | $1,300 | $249,557 | 0.52% | F |
| 4BR | $1,370 | $291,131 | 0.47% | F |
U.S. Census Bureau data (2024)
The ZIP code 44470, located in Southington, OH, has a population of 4,104 residents. Among these, only 8.7% are renters, indicating that this is predominantly a homeowner-dominated area rather than a renter-heavy market. The median household income stands at $63,882, which provides a benchmark for assessing the affordability of housing in the area.
The typical market rent in ZIP 44470 is $558. This represents approximately 12.6% of the median household income when calculated on an annual basis. In comparison, the Fair Market Rent (FMR) for the area, as set by HUD for FY 2024, is $930. This suggests that the actual market rent is significantly lower than the FMR, potentially making it easier for tenants to afford living in this area without relying heavily on Section 8 vouchers.
Given the low percentage of renters and the relatively high FMR compared to the actual market rent, it can be inferred that there is not a deep voucher demand in this ZIP code. Landlords in Southington should expect tenants who are either fully independent of government assistance or those who might use vouchers to supplement their own contributions towards rent.
The tenant profile in this area will likely consist of individuals or families who have a good understanding of their financial situation and are capable of managing their expenses, including rent. With a median household income of $63,882, potential tenants may be working professionals or retirees who have stable incomes but still prefer renting over homeownership due to lifestyle choices or financial preferences.
In summary, while Section 8 vouchers may play a role in the rental market, they are not the dominant factor in ZIP 44470. Landlords should prepare for a mix of tenants, some of whom may require assistance through vouchers, but most will likely be able to pay the market rent independently.
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.