Location: Canton-Massillon, OH | Metro: Akron, 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 | $1,060 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $195,367 | 0.77% | D |
| 3BR | $1,840 | $301,611 | 0.61% | D |
| 4BR | $1,990 | $400,084 | 0.5% | F |
| 5BR | $2,308 | $486,690 | 0.47% | F |
U.S. Census Bureau data (2024)
The ZIP code 44685, located in Uniontown, Ohio, presents an interesting scenario for both renters and landlords. The median household income here stands at $102,773, which provides some financial cushion for residents. However, when considering the market rate for rent, which is set at $1,715 (ZORI), it becomes evident that this cost represents a significant portion of the average household's income. This high rental cost could pose challenges for affordability, especially when compared to the Federal Market Rent (FMR) standard of $1,140 for the fiscal year 2024.
The disparity between the ZORI and the FMR highlights a notable affordability gap. For renters, the $1,140 voucher payment standard is substantially lower than the market rate, making it more feasible for them to find suitable housing. This difference suggests that households receiving vouchers might struggle to cover the market rate without additional financial assistance.
With 17.7% of the 28,794 population being renters, there is a competitive landscape for landlords. The affordability gap means that landlords who accept vouchers may have a steady stream of tenants but will likely be operating on a lower margin compared to those who can secure cash-paying tenants willing to meet the higher market rates.
The takeaway for landlords is clear: accepting vouchers can ensure a consistent tenant base but at a reduced rental income. On the other hand, focusing on cash-paying tenants allows for higher rents but increases the risk of vacancy due to the affordability challenges faced by many renters. Landlords must weigh these factors carefully and consider diversifying their rental portfolio to cater to both voucher recipients and those able to pay market rates.
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.