Housing market/Ohio/ZIP 44305

ACS 2023 · FY2027 SAFMR

ZIP 44305 Akron, 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
20,570
Households
9,083
Median HH income
$55,909
Renter share
43.9%
Median gross rent
$974
Vacancy
11.2%
Pop. change
-8.3%
2BR SAFMR
$1,190
SAFMR / rent
1.222×
2–49 unit stock
1,611
LIHTC proj / units
4 / 202
HUD assisted MF
6 / 270

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44305 · OH — sent to you.

ZIP 44305 · OH

ACS median rent$974
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44305

  • 1-unit detached8,29181.0%
  • 1-unit attached1081.1%
  • 2–4 units8798.6%
  • 5–49 units7327.2%
  • 50+ units2022.0%
  • Mobile180.2%
TypeUnitsShare
1-unit detached8,29181.0%
1-unit attached1081.1%
2 units (duplex)6116.0%
3–4 units2682.6%
5–9 units2862.8%
10–19 units2902.8%
20–49 units1561.5%
50+ units2022.0%
Mobile180.2%

2–4 unit share 8.6% · 5–49 unit share 7.2% · combined 2–49 15.7%.

Units by bedrooms

Studio
101
1BR
957
2BR
3,208
3BR
4,579
4BR
1,077
5+
308

Rent burden

Rent ≥30% of income46.1%
Rent ≥50% of income22.9%
  • ACS median gross rent $974 (all bedrooms, occupied rentals).
  • Median contract rent $758.
  • Renters paying ≥30% of income 46.1%; ≥50% 22.9%.
  • FY2027 2BR SAFMR $1,190 (1.222× ACS median gross rent).

Population

20,570 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.3%.

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

Assisted inventory

  • LIHTC: 4 projects, 202 units.
  • HUD project-based assisted MF: 6 properties, 270 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 44305 43.9% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $974; population changed -8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 879 units in 2–4-unit structures and 732 units in 5–49-unit structures; 4 LIHTC projects totaling 202 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $974. 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 44305 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 44305?

ZIP 44305 (Akron, OH MSA) has 20,570 residents, 9,083 households, a renter share of 43.9%, median household income of $55,909, and ACS 2023 median gross rent of $974. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44305?

ACS counts 611 units in 2-unit buildings, 268 in 3–4 unit buildings, 286 in 5–9, 290 in 10–19, and 156 in 20–49. Combined 2–49 unit stock is 1,611 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44305?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 44305 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44305 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.