FY2027 Small Area FMR · Akron, OH

ZIP 44320 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 44320 (Akron, OH) is $1,130 a month, down 1.7% from FY2026. That is 8% below the Akron, OH area-wide FMR of $1,231.

2-bedroom SAFMR$1,130per month ▼ 1.7%

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

Rank in the area49thof 71 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$810▼ 1.2%

1 BR$870▼ 2.2%

2 BR$1,130▼ 1.7%

3 BR$1,350▼ 3.6%

4 BR$1,490▼ 2.0%

FY2027 FY2026

Where 44320 sits in the Akron, OH area

Of the 71 ZIP codes HUD lists for the area, 44320 has the 49th 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 $1,017 and $1,243 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$810	$729 – $891	$886	$820
1 bedroom	$870	$783 – $957	$952	$890
2 bedrooms	$1,130	$1,017 – $1,243	$1,231	$1,150
3 bedrooms	$1,350	$1,215 – $1,485	$1,474	$1,400
4 bedrooms	$1,490	$1,341 – $1,639	$1,618	$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 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 44320 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
44307	Akron	1.9 mi	$1,090
44302	Akron	2.5 mi	$1,000
44314	Akron	2.6 mi	$1,120
44303	Akron	3.2 mi	$1,090
44311	Akron	3.3 mi	$1,040
44308	Akron	3.5 mi	$1,560

Questions

What is the Fair Market Rent for ZIP code 44320?

HUD's FY2027 Small Area Fair Market Rents for 44320 are $810 (studio), $870 (1 BR), $1,130 (2 BR), $1,350 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 44320?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 44320 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 44320?

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.