Location: Columbiana County, OH | Metro: Canton-Massillon, 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 | $790 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $207,306 | 0.48% | F |
| 3BR | $1,280 | $252,507 | 0.51% | F |
| 4BR | $1,330 | $304,949 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 44634 in Homeworth, OH, stands out due to its relatively low rental population at just 8.7%, indicating a predominantly owner-occupied community. With a total of 1,837 residents, the median income of $80,136 places it above the national average, suggesting a financially stable populace. The median home value of $236,916 further underscores the area's appeal, offering a balance between affordability and quality of life.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 44634 is set at $860 for fiscal year 2024, which is notably higher than the Census ACS reported market rent of $831. This discrepancy means that landlords participating in the Section 8 program can expect slightly better returns compared to the local rental market, making it a potentially attractive option for property owners seeking to maintain steady cash flows.
The data signature for ZIP 44634 reads as stable. With a strong median income and a high median home value, the community is likely to continue attracting residents who value homeownership over renting. This trend supports long-term investment strategies for small-portfolio investors looking to capitalize on a steady housing market.
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.