FY2027 Small Area FMR · Akron, OH

ZIP 44308 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44308 (Akron, OH) is $1,560 a month, up 39.3% from FY2026. That is 27% above the Akron, OH area-wide FMR of $1,231.

2-bedroom SAFMR$1,560per month ▲ 39.3%

Area-wide 2 BR FMR$1,231Akron, OH

Rank in the area7thof 71 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,404

2 BR Small Area FMR$1,560

110% of SAFMR$1,716

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

Studio$1,120▲ 40.0%

1 BR$1,210▲ 39.1%

2 BR$1,560▲ 39.3%

3 BR$1,870▲ 37.5%

4 BR$2,050▲ 38.5%

FY2027 FY2026

Where 44308 sits in the Akron, OH area

Of the 71 ZIP codes HUD lists for the area, 44308 has the 7th 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 $1,404 and $1,716 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,120	$1,008 – $1,232	$886	$800
1 bedroom	$1,210	$1,089 – $1,331	$952	$870
2 bedrooms	$1,560	$1,404 – $1,716	$1,231	$1,120
3 bedrooms	$1,870	$1,683 – $2,057	$1,474	$1,360
4 bedrooms	$2,050	$1,845 – $2,255	$1,618	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,560 needs about $62,400 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 44308 lies mainly in Summit County. See the Akron, OH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
44304	Akron	0.5 mi	$1,170
44325	Akron	0.5 mi	$1,270
44311	Akron	1.2 mi	$1,040
44302	Akron	1.2 mi	$1,000
44307	Akron	1.8 mi	$1,090
44303	Akron	1.9 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 44308?

HUD's FY2027 Small Area Fair Market Rents for 44308 are $1,120 (studio), $1,210 (1 BR), $1,560 (2 BR), $1,870 (3 BR) and $2,050 (4 BR) a month.

What is the Section 8 payment standard in 44308?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44308 that range is $1,404 to $1,716 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44308?

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.