Housing market/Ohio/ZIP 44022

ACS 2023 · FY2027 SAFMR

ZIP 44022 Chagrin Falls, 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
16,559
Households
6,778
Median HH income
$152,213
Renter share
8.5%
Median gross rent
$1,446
Vacancy
6.2%
Pop. change
-0.3%
2BR SAFMR
$1,830
SAFMR / rent
1.266×
2–49 unit stock
503
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44022 · OH — sent to you.

ZIP 44022 · OH

ACS median rent$1,446
2BR SAFMR$1,830
90% floor$1,647
110% ceiling$2,013

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44022

  • 1-unit detached6,22986.2%
  • 1-unit attached3585.0%
  • 2–4 units1311.8%
  • 5–49 units3725.1%
  • 50+ units1321.8%
  • Mobile60.1%
TypeUnitsShare
1-unit detached6,22986.2%
1-unit attached3585.0%
2 units (duplex)530.7%
3–4 units781.1%
5–9 units2603.6%
10–19 units270.4%
20–49 units851.2%
50+ units1321.8%
Mobile60.1%

2–4 unit share 1.8% · 5–49 unit share 5.1% · combined 2–49 7.0%.

Units by bedrooms

Studio
78
1BR
177
2BR
807
3BR
2,220
4BR
2,578
5+
1,368

Rent burden

Rent ≥30% of income50.3%
Rent ≥50% of income29.2%
  • ACS median gross rent $1,446 (all bedrooms, occupied rentals).
  • Median contract rent $1,253.
  • Renters paying ≥30% of income 50.3%; ≥50% 29.2%.
  • FY2027 2BR SAFMR $1,830 (1.266× ACS median gross rent).

Population

16,559 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.3%.

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: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 783 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 44022 8.5% of occupied households are renters; vacancy is 6.2%; ACS median gross rent is $1,446; population changed -0.3% between the 2018 and 2023 ACS vintages; the housing stock includes 131 units in 2–4-unit structures and 372 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,830 versus ACS median gross rent of $1,446. 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 44022 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 44022?

ZIP 44022 (Cleveland, OH HUD Metro FMR Area) has 16,559 residents, 6,778 households, a renter share of 8.5%, median household income of $152,213, and ACS 2023 median gross rent of $1,446. Vacancy is 6.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44022?

ACS counts 53 units in 2-unit buildings, 78 in 3–4 unit buildings, 260 in 5–9, 27 in 10–19, and 85 in 20–49. Combined 2–49 unit stock is 503 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44022?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,830. See the full schedule and 90–110% payment-standard band on the ZIP 44022 — Chagrin Falls, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44022 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.