Housing market/Ohio/ZIP 44223
ZIP 44223 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 44223 · OH — sent to you.
ZIP 44223 · OH
ACS rent vs 2BR SAFMR
ZIP 44223 — Cuyahoga Falls, OH HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 44223
- 1-unit detached6,10269.0%
- 1-unit attached88610.0%
- 2–4 units8319.4%
- 5–49 units7358.3%
- 50+ units2602.9%
- Mobile320.4%
2–4 unit share 9.4% · 5–49 unit share 8.3% · combined 2–49 17.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,056 (all bedrooms, occupied rentals).
- Median contract rent $935.
- Renters paying ≥30% of income 40.9%; ≥50% 19.1%.
- FY2027 2BR SAFMR $1,280 (1.212× ACS median gross rent).
Population
18,373 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- HUD project-based assisted MF: 4 properties, 294 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 44223 24.5% of occupied households are renters; vacancy is 4.5%; ACS median gross rent is $1,056; population increased +3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 831 units in 2–4-unit structures and 735 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,280 versus ACS median gross rent of $1,056. 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 44223 is a Census / HUD profile for Akron, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 44223 — Cuyahoga Falls, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory
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 44223?
ZIP 44223 (Akron, OH MSA) has 18,373 residents, 8,448 households, a renter share of 24.5%, median household income of $89,046, and ACS 2023 median gross rent of $1,056. Vacancy is 4.5%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 44223?
ACS counts 478 units in 2-unit buildings, 353 in 3–4 unit buildings, 343 in 5–9, 192 in 10–19, and 200 in 20–49. Combined 2–49 unit stock is 1,566 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 44223?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,280. See the full schedule and 90–110% payment-standard band on the ZIP 44223 — Cuyahoga Falls, OH HUD Section 8 Payment Standards / SAFMR.
Does this Ohio ZIP profile include Georgia listings?
No. ZIP 44223 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.