Location: Canton-Massillon, 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 | $700 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $194,217 | 0.51% | F |
| 3BR | $1,270 | $251,597 | 0.5% | F |
| 4BR | $1,360 | $304,864 | 0.45% | F |
| 5BR | $1,578 | $404,056 | 0.39% | F |
U.S. Census Bureau data (2024)
The ZIP code 44641, located in Louisville, OH, has a population of 20,031 residents. With 23.5% of the population being renters, it indicates that this area is moderately renter-heavy but not dominated by rental properties. The median household income stands at $80,303, which provides a solid baseline for assessing the affordability of housing in the region.
The market rent in this area is currently set at $1,353 per month. This figure represents approximately 16.8% of the median household income when calculated annually. To put this into perspective, if we consider the Federal Market Rent (FMR) for FY 2024, which is $880, it becomes evident that there is a significant gap between the actual market rent and the FMR. The FMR is a measure used by HUD to determine fair rent amounts for Section 8 voucher holders.
The disparity between the market rent ($1,353) and the FMR ($880) suggests that the demand for Section 8 vouchers is likely to be high, given that many potential tenants may find the market rent unaffordable on their income. However, the supply of vouchers may be limited, making it a competitive environment for both landlords and tenants seeking affordable housing solutions.
A landlord in this ZIP code can expect a tenant profile that includes individuals who are highly dependent on the financial assistance provided by Section 8 vouchers. These tenants will be looking for properties where the rent does not exceed the FMR, which is significantly lower than the market rate. As such, landlords must be prepared to navigate the requirements and regulations associated with accepting Section 8 vouchers, including regular inspections and rent certifications.
To conclude, while the population in Louisville, OH, is somewhat balanced between homeowners and renters, the relatively high market rent compared to the median income and the FMR points towards a strong demand for affordable housing options supported by Section 8 vouchers. Landlords should anticipate a tenant base that relies heavily on these vouchers and ensure they are well-informed about the process and benefits of participating in the 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.