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 | $770 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $69,122 | 1.48% | A |
| 3BR | $1,320 | $97,373 | 1.36% | A |
| 4BR | $1,400 | $105,774 | 1.32% | A |
U.S. Census Bureau data (2024)
The ZIP code 44509 in Youngstown, OH, is predominantly a renter-heavy area, with 39.8% of the population renting their homes. This suggests a significant demand for rental properties, including those that cater to tenants utilizing Section 8 vouchers. The total population of 10,562 provides a substantial pool of potential tenants, many of whom may rely on government assistance due to the median household income being relatively low at $36,570.
The typical market rent of $751 is notably below the Fair Market Rent (FMR) of $900 for FY 2024, indicating that landlords could potentially increase rents without significantly deterring voucher holders. However, given the income levels, it's critical to understand how much of the local income goes towards housing costs. In ZIP 44509, the average rent consumes approximately 20.5% of the median household income. This percentage is calculated by dividing the market rent ($751) by the median income ($36,570), which aligns closely with federal guidelines that suggest housing costs should not exceed 30% of a household's income.
A landlord in this area can expect a tenant profile that includes individuals and families who rely heavily on financial assistance to meet their housing needs. These tenants are likely to be very price-sensitive and may prioritize affordability over amenities or property quality. Landlords should prepare for a tenant pool that requires close adherence to Section 8 regulations and procedures, ensuring that rents remain within allowable limits and that units meet the required standards for voucher use.
In conclusion, ZIP 44509 presents a viable opportunity for landlords interested in serving the Section 8 tenant market. With a significant portion of the population租房，且收入水平较低，市场租金为$751，远低于2024财年的公平市场租金$900。这意味着房东可以在不显著影响优惠券持有者的情况下适度提高租金。 房东在这里可以预期的租户类型包括依赖财政援助满足住房需求的个人和家庭。这些租户可能对价格非常敏感，并可能优先考虑可负担性而不是设施或房产质量。房东应准备应对需要严格遵守Section 8规定和程序的租户群体，确保租金保持在允许范围内，并且单位符合使用优惠券的要求。 总之，ZIP代码44509为有兴趣服务Section 8租户市场的房东提供了可行的机会。该地区有相当一部分人口是租房者，收入水平较低，这使得Section 8优惠券的需求量大。房东应该准备好迎接那些依靠政府援助来支付房租的租户群体。
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.