Section 8 Fair Market Rent (FMR) for ZIP 44730 - 2027

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

Investment Score for ZIP 44730

D
Monthly Rent (2BR)
$1,020
Median Price (2BR)
$158,202
1% Rule
0.64%
Annual Yield
7.74%

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$710
1 Bedroom$800
2 Bedrooms$1,020
3 Bedrooms$1,290
4 Bedrooms$1,380
5 Bedrooms$1,601
6 Bedrooms$1,793
7 Bedrooms$1,936
8 Bedrooms$2,033

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 $1,020 $158,202 0.64% D
3BR $1,290 $221,554 0.58% F
4BR $1,380 $277,720 0.5% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
6,040
Median Household Income
$70,232
Housing Units
2,722
Renter Percentage
18.6%
Occupancy Rate
96.7%
Renter Occupied
491

East Canton, OH, located in Stark County, is a part of the larger Canton-Massillon metropolitan area. This region is characterized by its strong manufacturing base and growing healthcare sector, which contributes to a steady demand for housing.

The data points indicate that while the rental market in East Canton is not booming, it offers a predictable and manageable environment for landlords and small-portfolio investors. The gap between the Fair Market Rent and the actual market rent suggests potential for modest appreciation in rental values. With a median income that supports rental affordability, there's a good chance of maintaining occupancy rates. However, the relatively low renter share implies that competition for rental units could be stiff, necessitating well-maintained properties and competitive pricing to attract and retain 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.