FY2027 Small Area FMR · Akron, OH
ZIP 44307 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44307 (Akron, OH) is $1,090 a month, down 2.7% from FY2026. That is 11% below the Akron, OH area-wide FMR of $1,231.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 44307 sits in the Akron, OH area
Of the 71 ZIP codes HUD lists for the area, 44307 has the 55th 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 $981 and $1,199 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $780 | $702 – $858 | $886 | $800 |
| 1 bedroom | $840 | $756 – $924 | $952 | $870 |
| 2 bedrooms | $1,090 | $981 – $1,199 | $1,231 | $1,120 |
| 3 bedrooms | $1,310 | $1,179 – $1,441 | $1,474 | $1,370 |
| 4 bedrooms | $1,430 | $1,287 – $1,573 | $1,618 | $1,480 |
A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 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 44307 lies mainly in Summit County. See the Akron, OH metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 44307?
HUD's FY2027 Small Area Fair Market Rents for 44307 are $780 (studio), $840 (1 BR), $1,090 (2 BR), $1,310 (3 BR) and $1,430 (4 BR) a month.
What is the Section 8 payment standard in 44307?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44307 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 44307?
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.