Section 8 Fair Market Rent (FMR) for ZIP 44710 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$870
2 Bedrooms	$1,110
3 Bedrooms	$1,400
4 Bedrooms	$1,500
5 Bedrooms	$1,740
6 Bedrooms	$1,949
7 Bedrooms	$2,105
8 Bedrooms	$2,210

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

9,067

Median Household Income

$47,305

Housing Units

4,132

Renter Percentage

39.8%

Occupancy Rate

91.9%

Renter Occupied

1,511

Housing Authorities Serving ZIP 44710

Stark Metropolitian Housing Authority (Canton, OH) - 1,861 Section 8 vouchers

Canton, OH, located in ZIP code 44710, is a vibrant community that offers a mix of residential and commercial opportunities. The area is known for its affordable living conditions and a strong rental market, making it an attractive location for both landlords and small-portfolio investors.

The Fair Market Rent (FMR) for ZIP 44710 is set at $940 for the fiscal year 2024, indicating the government's benchmark for affordable housing in the area.
The market rent, as measured by the Zillow Rent Index (ZORI), stands at $1,125, suggesting that the private market slightly outpaces the government's estimates, providing a margin for landlords.
The median home value in Canton is $122,208, which is relatively low compared to other regions, making property acquisition more feasible for investors.
Renters make up 39.8% of the population, reflecting a significant portion of the market that prefers leasing over homeownership, which can be advantageous for those looking to manage rental properties.
The median income in the area is $47,305, providing insight into the financial capabilities of potential tenants and buyers.

Investors should note that while the median home value and FMR indicate affordability, the market rent suggests a slightly higher demand for rental properties. With nearly 40% of residents being renters, there is a substantial market for well-managed rental units. However, the lower median income means that pricing strategies must align closely with the FMR to ensure occupancy rates. Overall, Canton presents a balanced opportunity for investment, with a focus on maintaining competitive yet reasonable rents to attract tenants within the local economic context.

Data Sources: FMR data from HUD (2027). 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.