Housing market/Ohio/ZIP 44221

ACS 2023 · FY2027 SAFMR

ZIP 44221 Cuyahoga Falls, Ohio

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

Population
29,342
Households
13,543
Median HH income
$61,893
Renter share
41.2%
Median gross rent
$1,026
Vacancy
5.8%
Pop. change
+0.6%
2BR SAFMR
$1,360
SAFMR / rent
1.326×
2–49 unit stock
3,141
LIHTC proj / units
1 / 40
HUD assisted MF
6 / 291

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44221 · OH — sent to you.

ZIP 44221 · OH

ACS median rent$1,026
2BR SAFMR$1,360
90% floor$1,224
110% ceiling$1,496

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44221

  • 1-unit detached9,28764.8%
  • 1-unit attached5373.7%
  • 2–4 units1,3509.4%
  • 5–49 units1,79112.5%
  • 50+ units1,3579.5%
  • Mobile80.1%
TypeUnitsShare
1-unit detached9,28764.6%
1-unit attached5373.7%
2 units (duplex)8816.1%
3–4 units4693.3%
5–9 units4683.3%
10–19 units6274.4%
20–49 units6964.8%
50+ units1,3579.4%
Mobile80.1%

2–4 unit share 9.4% · 5–49 unit share 12.5% · combined 2–49 21.8%.

Units by bedrooms

Studio
364
1BR
2,014
2BR
4,192
3BR
5,742
4BR
1,830
5+
237

Rent burden

Rent ≥30% of income39.3%
Rent ≥50% of income20.3%
  • ACS median gross rent $1,026 (all bedrooms, occupied rentals).
  • Median contract rent $892.
  • Renters paying ≥30% of income 39.3%; ≥50% 20.3%.
  • FY2027 2BR SAFMR $1,360 (1.326× ACS median gross rent).

Population

29,342 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 40 units.
  • HUD project-based assisted MF: 6 properties, 291 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 58 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 44221 41.2% of occupied households are renters; vacancy is 5.8%; ACS median gross rent is $1,026; population increased +0.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,350 units in 2–4-unit structures and 1,791 units in 5–49-unit structures; 1 LIHTC projects totaling 40 units; FY2027 2BR SAFMR is $1,360 versus ACS median gross rent of $1,026. 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 44221 is a Census / HUD profile for Akron, 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 44221?

ZIP 44221 (Akron, OH MSA) has 29,342 residents, 13,543 households, a renter share of 41.2%, median household income of $61,893, and ACS 2023 median gross rent of $1,026. Vacancy is 5.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44221?

ACS counts 881 units in 2-unit buildings, 469 in 3–4 unit buildings, 468 in 5–9, 627 in 10–19, and 696 in 20–49. Combined 2–49 unit stock is 3,141 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44221?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,360. See the full schedule and 90–110% payment-standard band on the ZIP 44221 — Cuyahoga Falls, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44221 is Census / HUD research for Akron, OH MSA. 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.