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 | $910 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,210 | $158,582 | 0.76% | D |
| 3BR | $1,560 | $234,578 | 0.67% | D |
| 4BR | $1,660 | $315,043 | 0.53% | F |
U.S. Census Bureau data (2024)
The ZIP code 44473, located in Vienna Center, OH, presents a unique balance between yield and stability that is attractive to both landlords and small-portfolio investors. The Fair Market Rent (FMR) for 2024 is set at $1220, which is notably higher than the market rent of $996. This indicates a potential for higher rental yields if properties can be rented out at the FMR rate. However, the median home value in the area is $214,521, suggesting that property acquisition costs are relatively high.
In terms of stability, the ZIP code has a moderate percentage of renters at 15.3%. While this figure is not exceptionally high, it does provide a baseline level of demand for rental properties. Unfortunately, the data does not provide the number of days on market (DOM), which would be useful for assessing the speed at which rental units can be filled. The median household income in the area is $72,978, which supports the ability of residents to pay market rents.
Given these factors, ZIP 44473 leans towards being a steady-cashflow zone. The higher FMR compared to market rent suggests opportunities for increased yields, but the low percentage of renters and lack of day DOM data indicate less dynamic market conditions typical of high-yield/low-stability markets. The presence of a stable income level supports consistent rental payments, making it a reliable option for those seeking predictable returns rather than rapid appreciation or turnover.
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.