Section 8 Fair Market Rent (FMR) for ZIP 44608 - 2027

Location: Tuscarawas County, OH | Metro: Canton-Massillon, OH MSA

Investment Score for ZIP 44608

Monthly Rent (2BR)

$1,250

Median Price (2BR)

$178,149

1% Rule

0.7%

Annual Yield

8.42%

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	$890
1 Bedroom	$970
2 Bedrooms	$1,250
3 Bedrooms	$1,570
4 Bedrooms	$1,720
5 Bedrooms	$1,995
6 Bedrooms	$2,234
7 Bedrooms	$2,413
8 Bedrooms	$2,534

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	$1,250	$178,149	0.7%	D
3BR	$1,570	$238,356	0.66%	D
4BR	$1,720	$345,462	0.5%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,692

Median Household Income

$56,875

Housing Units

1,039

Renter Percentage

40.1%

Occupancy Rate

93.6%

Renter Occupied

390

The ZIP code 44608, located in Beach City, Ohio, offers a unique blend of suburban living and proximity to urban amenities. This area is particularly attractive for real estate investors due to its mix of homeowners and renters, as well as its relatively stable rental market.

The Fair Market Rent (FMR) for ZIP 44608 in fiscal year 2024 is set at $970, providing a benchmark for rental pricing that reflects the local housing market conditions.
The average market rent, as reported by the Census Bureau's American Community Survey, stands at $1,030, slightly above the FMR, indicating a healthy demand for rental properties in the area.
The median home value in ZIP 44608 is $213,697, which is indicative of a modest but stable housing market where both homeownership and rental opportunities coexist.
Renters make up 40.1% of the population, suggesting a significant portion of the residents are looking for affordable rental options, which can be a strong indicator for investment in rental properties.
The median income in the area is $56,875, which supports the ability of residents to pay rents around the FMR and market rates, ensuring steady cash flow for landlords.
The Days on Market (DOM) figure is not available, but this could indicate either a very active market with quick property turnovers or a lack of recent sales data, which would require further investigation.

Investors should take note of the robust rental market in Beach City, Ohio, supported by a median income that aligns well with the rental price points. The slight premium of market rents over the FMR suggests a favorable environment for landlords, while the significant share of renters points to ongoing demand. With a median home value that remains moderate, the area presents a balanced opportunity for those interested in both rental and homeownership investments. However, the absence of DOM data indicates a need for careful scrutiny of the local real estate trends to ensure informed decision-making.

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.