Section 8 Fair Market Rent (FMR) for ZIP 44471 - 2027

Location: Youngstown-Warren, OH | Metro: Youngstown-Warren, OH MSA

Investment Score for ZIP 44471

B
Monthly Rent (2BR)
$1,060
Median Price (2BR)
$99,765
1% Rule
1.06%
Annual Yield
12.75%

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$800
1 Bedroom$850
2 Bedrooms$1,060
3 Bedrooms$1,370
4 Bedrooms$1,450
5 Bedrooms$1,682
6 Bedrooms$1,884
7 Bedrooms$2,035
8 Bedrooms$2,137

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 $1,060 $99,765 1.06% B
3BR $1,370 $150,747 0.91% C
4BR $1,450 $155,862 0.93% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
10,295
Median Household Income
$54,571
Housing Units
4,949
Renter Percentage
29.2%
Occupancy Rate
90.1%
Renter Occupied
1,303

The ZIP code 44471, located in Struthers, OH, has a population of 10,295 individuals, with 29.2% being renters. This indicates that while there is a notable segment of the population that rents, it is not overwhelmingly dominated by renters. The median household income in this area stands at $54,571, which is a key figure when considering the suitability of tenants who rely on Section 8 vouchers.

A market rent of $850 aligns closely with the Fair Market Rent (FMR) of $900 for FY 2024 in this ZIP code. To put this into perspective, the typical rent of $850 consumes approximately 15.6% of the median household income. This suggests that while the rent is a significant portion of income, it is still within a reasonable range for many households in the area.

Section 8 vouchers are designed to help low-income families afford housing. In ZIP 44471, the demand for such vouchers is likely substantial given the percentage of renters and the median income level. However, landlords should be aware that the voucher amount may not fully cover the FMR, potentially requiring some subsidy from the tenant.

The tenant profile landlords should anticipate includes individuals and families who benefit from the Section 8 program. These tenants will have their rent partially covered by the government, up to a certain limit. Landlords can expect a mix of young professionals, families, and seniors who rely on the voucher system to manage their housing costs effectively. It's important for landlords to understand that these tenants are vetted for eligibility and must meet certain criteria, including maintaining employment or participating in education programs.

In summary, ZIP 44471 presents a moderate opportunity for landlords interested in Section 8 tenants. While the area isn't heavily dominated by renters, the combination of the median income and typical market rents makes it a viable location for properties seeking to attract voucher holders. Landlords should prepare for a tenant base that values affordable housing options and is committed to fulfilling the requirements of the Section 8 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.