Housing market/Ohio/ZIP 44314

ACS 2023 · FY2027 SAFMR

ZIP 44314 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
17,292
Households
7,901
Median HH income
$47,358
Renter share
46.5%
Median gross rent
$924
Vacancy
13.0%
Pop. change
-9.5%
2BR SAFMR
$1,120
SAFMR / rent
1.212×
2–49 unit stock
1,498
LIHTC proj / units
1 / 40
HUD assisted MF
1 / 9

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44314 · OH — sent to you.

ZIP 44314 · OH

ACS median rent$924
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 44314

  • 1-unit detached7,41682.0%
  • 1-unit attached710.8%
  • 2–4 units8819.7%
  • 5–49 units6176.8%
  • 50+ units480.5%
  • Mobile110.1%
TypeUnitsShare
1-unit detached7,41681.6%
1-unit attached710.8%
2 units (duplex)4995.5%
3–4 units3824.2%
5–9 units1401.5%
10–19 units1221.3%
20–49 units3553.9%
50+ units480.5%
Mobile110.1%

2–4 unit share 9.7% · 5–49 unit share 6.8% · combined 2–49 16.5%.

Units by bedrooms

Studio
10
1BR
897
2BR
2,819
3BR
4,281
4BR
909
5+
169

Rent burden

Rent ≥30% of income45.4%
Rent ≥50% of income25.8%
  • ACS median gross rent $924 (all bedrooms, occupied rentals).
  • Median contract rent $709.
  • Renters paying ≥30% of income 45.4%; ≥50% 25.8%.
  • FY2027 2BR SAFMR $1,120 (1.212× ACS median gross rent).

Population

17,292 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 40 units.
  • HUD project-based assisted MF: 1 properties, 9 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 44314 46.5% of occupied households are renters; vacancy is 13.0%; ACS median gross rent is $924; population changed -9.5% between the 2018 and 2023 ACS vintages; the housing stock includes 881 units in 2–4-unit structures and 617 units in 5–49-unit structures; 1 LIHTC projects totaling 40 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $924. 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 44314 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 44314?

ZIP 44314 (Akron, OH MSA) has 17,292 residents, 7,901 households, a renter share of 46.5%, median household income of $47,358, and ACS 2023 median gross rent of $924. Vacancy is 13.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44314?

ACS counts 499 units in 2-unit buildings, 382 in 3–4 unit buildings, 140 in 5–9, 122 in 10–19, and 355 in 20–49. Combined 2–49 unit stock is 1,498 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44314?

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 44314 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44314 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.