Section 8 Fair Market Rent (FMR) for ZIP 44695 - 2027

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

Investment Score for ZIP 44695

F
Monthly Rent (2BR)
$1,000
Median Price (2BR)
$184,071
1% Rule
0.54%
Annual Yield
6.52%

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$740
1 Bedroom$780
2 Bedrooms$1,000
3 Bedrooms$1,310
4 Bedrooms$1,350
5 Bedrooms$1,566
6 Bedrooms$1,754
7 Bedrooms$1,894
8 Bedrooms$1,989

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,000 $184,071 0.54% F
3BR $1,310 $222,603 0.59% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,273
Median Household Income
$75,051
Housing Units
671
Renter Percentage
18.5%
Occupancy Rate
76.6%
Renter Occupied
95

The ZIP code 44695 in Ohio is home to 1,273 residents, with 18.5% of them being renters. This indicates that the area is primarily dominated by homeowners rather than renters, which suggests that the pool of potential Section 8 tenants may be relatively smaller compared to more renter-heavy areas.

The median household income in this ZIP is $75,051, while the average market rent stands at $564. To put this into perspective, the typical rent consumes approximately 7.5% of the local median income. This ratio is favorable for landlords as it implies that the majority of residents can afford housing costs without relying heavily on rental assistance programs.

However, when comparing the market rent of $564 to the Fair Market Rent (FMR) set at $860 for FY 2024, there's a significant gap. This discrepancy could mean that landlords who accept Section 8 vouchers might find themselves receiving rents closer to the FMR, which is nearly 52% higher than the current market rent. This could potentially offer a financial incentive for landlords to participate in the Section 8 program despite the lower density of renters.

A landlord in ZIP 44695 should anticipate a tenant profile that is less reliant on rental assistance due to the higher median income relative to the market rent. Tenants will likely be looking for properties that offer good value within their budget, making affordability a key factor in attracting them. While the voucher demand is not as deep as in some other areas, the opportunity to receive higher rents through the Section 8 program still presents itself as a viable option for property owners willing to accommodate these tenants.

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.