Housing market/Ohio/ZIP 44306

ACS 2023 · FY2027 SAFMR

ZIP 44306 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
20,986
Households
9,188
Median HH income
$41,105
Renter share
54.1%
Median gross rent
$901
Vacancy
11.9%
Pop. change
-0.9%
2BR SAFMR
$1,120
SAFMR / rent
1.243×
2–49 unit stock
2,665
LIHTC proj / units
12 / 915
HUD assisted MF
4 / 688

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44306 · OH — sent to you.

ZIP 44306 · OH

ACS median rent$901
2BR SAFMR$1,120
90% floor$1,008
110% ceiling$1,232

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44306

  • 1-unit detached7,40071.0%
  • 1-unit attached2092.0%
  • 2–4 units1,55014.9%
  • 5–49 units1,11510.7%
  • 50+ units530.5%
  • Mobile970.9%
TypeUnitsShare
1-unit detached7,40071.0%
1-unit attached2092.0%
2 units (duplex)8237.9%
3–4 units7277.0%
5–9 units6886.6%
10–19 units3193.1%
20–49 units1081.0%
50+ units530.5%
Mobile970.9%

2–4 unit share 14.9% · 5–49 unit share 10.7% · combined 2–49 25.6%.

Units by bedrooms

Studio
60
1BR
1,020
2BR
4,294
3BR
4,079
4BR
808
5+
163

Rent burden

Rent ≥30% of income41.8%
Rent ≥50% of income22.0%
  • ACS median gross rent $901 (all bedrooms, occupied rentals).
  • Median contract rent $707.
  • Renters paying ≥30% of income 41.8%; ≥50% 22.0%.
  • FY2027 2BR SAFMR $1,120 (1.243× ACS median gross rent).

Population

20,986 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.9%.

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

Assisted inventory

  • LIHTC: 12 projects, 915 units.
  • HUD project-based assisted MF: 4 properties, 688 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 44306 54.1% of occupied households are renters; vacancy is 11.9%; ACS median gross rent is $901; population changed -0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,550 units in 2–4-unit structures and 1,115 units in 5–49-unit structures; 12 LIHTC projects totaling 915 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $901. 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 44306 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 44306?

ZIP 44306 (Akron, OH MSA) has 20,986 residents, 9,188 households, a renter share of 54.1%, median household income of $41,105, and ACS 2023 median gross rent of $901. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44306?

ACS counts 823 units in 2-unit buildings, 727 in 3–4 unit buildings, 688 in 5–9, 319 in 10–19, and 108 in 20–49. Combined 2–49 unit stock is 2,665 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44306?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 44306 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44306 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.