Income Limits by County

FY2027 Small Area FMR · Akron, OH

ZIP 44314 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44314 (Akron, OH) is $1,120 a month, down 1.8% from FY2026. That is 9% below the Akron, OH area-wide FMR of $1,231.

2-bedroom SAFMR$1,120per month ▼ 1.8%
Area-wide 2 BR FMR$1,231Akron, OH
Rank in the area52ndof 71 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008
2 BR Small Area FMR$1,120
110% of SAFMR$1,232

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

FY2027 FY2026

Where 44314 sits in the Akron, OH area

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

Of the 71 ZIP codes HUD lists for the area, 44314 has the 52nd 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 $1,008 and $1,232 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$810$729 – $891$886$810
1 bedroom$870$783 – $957$952$890
2 bedrooms$1,120$1,008 – $1,232$1,231$1,140
3 bedrooms$1,340$1,206 – $1,474$1,474$1,390
4 bedrooms$1,470$1,323 – $1,617$1,618$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 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 44314 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
44301Akron1.8 mi$1,240
44307Akron2.1 mi$1,090
44320Akron2.6 mi$1,130
44311Akron2.6 mi$1,040
44325Akron3.6 mi$1,270
44302Akron3.6 mi$1,000

Questions

What is the Fair Market Rent for ZIP code 44314?

HUD's FY2027 Small Area Fair Market Rents for 44314 are $810 (studio), $870 (1 BR), $1,120 (2 BR), $1,340 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 44314?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44314 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44314?

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.