Housing market/Ohio/ZIP 44074

ACS 2023 · FY2027 SAFMR

ZIP 44074 Oberlin, Ohio

Cleveland, OH HUD Metro FMR Area · Ohio. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
11,684
Households
3,692
Median HH income
$73,697
Renter share
31.7%
Median gross rent
$943
Vacancy
8.6%
Pop. change
+2.7%
2BR SAFMR
$1,140
SAFMR / rent
1.209×
2–49 unit stock
696
LIHTC proj / units
1 / 51
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44074 · OH — sent to you.

ZIP 44074 · OH

ACS median rent$943
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 44074

  • 1-unit detached2,91772.2%
  • 1-unit attached2616.5%
  • 2–4 units50812.6%
  • 5–49 units1884.7%
  • 50+ units1644.1%
TypeUnitsShare
1-unit detached2,91772.2%
1-unit attached2616.5%
2 units (duplex)2275.6%
3–4 units2817.0%
5–9 units380.9%
10–19 units761.9%
20–49 units741.8%
50+ units1644.1%
Mobile00.0%

2–4 unit share 12.6% · 5–49 unit share 4.7% · combined 2–49 17.2%.

Units by bedrooms

Studio
61
1BR
440
2BR
806
3BR
1,713
4BR
818
5+
200

Rent burden

Rent ≥30% of income43.9%
Rent ≥50% of income25.4%
  • ACS median gross rent $943 (all bedrooms, occupied rentals).
  • Median contract rent $801.
  • Renters paying ≥30% of income 43.9%; ≥50% 25.4%.
  • FY2027 2BR SAFMR $1,140 (1.209× ACS median gross rent).

Population

11,684 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 51 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 97 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 44074 31.7% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $943; population increased +2.7% between the 2018 and 2023 ACS vintages; the housing stock includes 508 units in 2–4-unit structures and 188 units in 5–49-unit structures; 1 LIHTC projects totaling 51 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $943. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Ohio research

ZIP 44074 is a Census / HUD profile for Cleveland, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Ohio research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 44074?

ZIP 44074 (Cleveland, OH HUD Metro FMR Area) has 11,684 residents, 3,692 households, a renter share of 31.7%, median household income of $73,697, and ACS 2023 median gross rent of $943. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44074?

ACS counts 227 units in 2-unit buildings, 281 in 3–4 unit buildings, 38 in 5–9, 76 in 10–19, and 74 in 20–49. Combined 2–49 unit stock is 696 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44074?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 44074 — Oberlin, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44074 is Census / HUD research for Cleveland, OH HUD Metro FMR Area. Jeff Crowe CRE does not list Ohio property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.