Income Limits by County

FY2027 Small Area FMR · Hiram, OH

ZIP 44234 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44234 (Hiram, OH) is $1,110 a month, down 2.6% from FY2026. That is 10% below the Akron, OH area-wide FMR of $1,231.

2-bedroom SAFMR$1,110per month ▼ 2.6%
Area-wide 2 BR FMR$1,231Akron, OH
Rank in the area54thof 71 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$999
2 BR Small Area FMR$1,110
110% of SAFMR$1,221

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 44234 sits in the Akron, OH area

$1,000$1,850median $1,220

Of the 71 ZIP codes HUD lists for the area, 44234 has the 54th highest two-bedroom Small Area FMR. Akron, OH is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $999 and $1,221 for two bedrooms.

ZIP code 44234 crosses more than one HUD area. HUD also lists it under Cleveland, OH (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$800$720 – $880$886$820
1 bedroom$870$783 – $957$952$900
2 bedrooms$1,110$999 – $1,221$1,231$1,140
3 bedrooms$1,350$1,215 – $1,485$1,474$1,410
4 bedrooms$1,480$1,332 – $1,628$1,618$1,530

A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 a year to keep housing costs at 30% of income. The area median family income is $97,100 and the 80% low-income limit for four people is $77,700. ZIP code 44234 lies mainly in Portage County and Geauga County. See the Akron, OH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
44231Garrettsville4.5 mi$1,040
44255Mantua4.8 mi$1,250
44080Parkman6.0 mi$1,070
44288Windham7.2 mi$1,230
44023Chagrin Falls8.0 mi$1,910
44021Burton8.1 mi$1,150

Questions

What is the Fair Market Rent for ZIP code 44234?

HUD's FY2027 Small Area Fair Market Rents for 44234 are $800 (studio), $870 (1 BR), $1,110 (2 BR), $1,350 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 44234?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44234 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44234?

The FY2026 income limits of the Akron, OH area apply: median family income $97,100, low-income (80%) limit $77,700 for a family of four.