Housing market/Ohio/ZIP 44333

ACS 2023 · FY2027 SAFMR

ZIP 44333 Akron, Ohio

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

Population
19,884
Households
8,051
Median HH income
$119,313
Renter share
15.9%
Median gross rent
$1,232
Vacancy
6.4%
Pop. change
+5.9%
2BR SAFMR
$1,390
SAFMR / rent
1.128×
2–49 unit stock
1,189
LIHTC proj / units
—
HUD assisted MF
1 / 4

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44333 · OH — sent to you.

ZIP 44333 · OH

ACS median rent$1,232
2BR SAFMR$1,390
90% floor$1,251
110% ceiling$1,529

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44333

  • 1-unit detached6,88780.1%
  • 1-unit attached2342.7%
  • 2–4 units3343.9%
  • 5–49 units8559.9%
  • 50+ units2883.3%
TypeUnitsShare
1-unit detached6,88780.1%
1-unit attached2342.7%
2 units (duplex)710.8%
3–4 units2633.1%
5–9 units3273.8%
10–19 units3073.6%
20–49 units2212.6%
50+ units2883.3%
Mobile00.0%

2–4 unit share 3.9% · 5–49 unit share 9.9% · combined 2–49 13.8%.

Units by bedrooms

Studio
42
1BR
395
2BR
1,459
3BR
2,938
4BR
2,891
5+
873

Rent burden

Rent ≥30% of income44.5%
Rent ≥50% of income16.4%
  • ACS median gross rent $1,232 (all bedrooms, occupied rentals).
  • Median contract rent $1,095.
  • Renters paying ≥30% of income 44.5%; ≥50% 16.4%.
  • FY2027 2BR SAFMR $1,390 (1.128× ACS median gross rent).

Population

19,884 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.9%.

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: 1 properties, 4 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 44333 15.9% of occupied households are renters; vacancy is 6.4%; ACS median gross rent is $1,232; population increased +5.9% between the 2018 and 2023 ACS vintages; the housing stock includes 334 units in 2–4-unit structures and 855 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,390 versus ACS median gross rent of $1,232. 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 44333 is a Census / HUD profile for Cleveland, 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 44333?

ZIP 44333 (Cleveland, OH HUD Metro FMR Area) has 19,884 residents, 8,051 households, a renter share of 15.9%, median household income of $119,313, and ACS 2023 median gross rent of $1,232. Vacancy is 6.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44333?

ACS counts 71 units in 2-unit buildings, 263 in 3–4 unit buildings, 327 in 5–9, 307 in 10–19, and 221 in 20–49. Combined 2–49 unit stock is 1,189 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44333?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,390. See the full schedule and 90–110% payment-standard band on the ZIP 44333 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44333 is Census / HUD research for Cleveland, OH HUD Metro FMR Area. 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.