Income Limits by County

FY2027 Small Area FMR · Akron, OH

ZIP 44305 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44305 (Akron, OH) is $1,190 a month, down 6.3% from FY2026. That is 3% below the Akron, OH area-wide FMR of $1,231.

2-bedroom SAFMR$1,190per month ▼ 6.3%
Area-wide 2 BR FMR$1,231Akron, OH
Rank in the area43rdof 71 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071
2 BR Small Area FMR$1,190
110% of SAFMR$1,309

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

FY2027 FY2026

Where 44305 sits in the Akron, OH area

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

Of the 71 ZIP codes HUD lists for the area, 44305 has the 43rd 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 $1,071 and $1,309 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$860$774 – $946$886$910
1 bedroom$920$828 – $1,012$952$990
2 bedrooms$1,190$1,071 – $1,309$1,231$1,270
3 bedrooms$1,420$1,278 – $1,562$1,474$1,550
4 bedrooms$1,560$1,404 – $1,716$1,618$1,680

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 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 44305 lies mainly in Summit County. See the Akron, OH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
44304Akron2.5 mi$1,170
44325Akron2.5 mi$1,270
44310Akron2.7 mi$1,150
44306Akron2.7 mi$1,120
44278Tallmadge2.9 mi$1,240
44308Akron2.9 mi$1,560

Questions

What is the Fair Market Rent for ZIP code 44305?

HUD's FY2027 Small Area Fair Market Rents for 44305 are $860 (studio), $920 (1 BR), $1,190 (2 BR), $1,420 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 44305?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44305 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44305?

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.