Housing market/Ohio/ZIP 44035

ACS 2023 · FY2027 SAFMR

ZIP 44035 Elyria, 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
62,024
Households
26,846
Median HH income
$54,362
Renter share
36.9%
Median gross rent
$871
Vacancy
9.4%
Pop. change
-2.0%
2BR SAFMR
$1,150
SAFMR / rent
1.320×
2–49 unit stock
6,258
LIHTC proj / units
10 / 1,127
HUD assisted MF
9 / 927

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44035 · OH — sent to you.

ZIP 44035 · OH

ACS median rent$871
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44035

  • 1-unit detached19,75666.7%
  • 1-unit attached1,4514.9%
  • 2–4 units2,1037.1%
  • 5–49 units4,15514.0%
  • 50+ units9843.3%
  • Mobile1,1884.0%
TypeUnitsShare
1-unit detached19,75666.7%
1-unit attached1,4514.9%
2 units (duplex)1,1994.0%
3–4 units9043.1%
5–9 units1,7776.0%
10–19 units1,9116.4%
20–49 units4671.6%
50+ units9843.3%
Mobile1,1884.0%

2–4 unit share 7.1% · 5–49 unit share 14.0% · combined 2–49 21.1%.

Units by bedrooms

Studio
793
1BR
2,820
2BR
7,800
3BR
13,222
4BR
4,261
5+
741

Rent burden

Rent ≥30% of income42.4%
Rent ≥50% of income23.2%
  • ACS median gross rent $871 (all bedrooms, occupied rentals).
  • Median contract rent $700.
  • Renters paying ≥30% of income 42.4%; ≥50% 23.2%.
  • FY2027 2BR SAFMR $1,150 (1.320× ACS median gross rent).

Population

62,024 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.0%.

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

Assisted inventory

  • LIHTC: 10 projects, 1,127 units.
  • HUD project-based assisted MF: 9 properties, 927 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 97 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 44035 36.9% of occupied households are renters; vacancy is 9.4%; ACS median gross rent is $871; population changed -2.0% between the 2018 and 2023 ACS vintages; the housing stock includes 2,103 units in 2–4-unit structures and 4,155 units in 5–49-unit structures; 10 LIHTC projects totaling 1,127 units; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $871. 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 44035 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 44035?

ZIP 44035 (Cleveland, OH HUD Metro FMR Area) has 62,024 residents, 26,846 households, a renter share of 36.9%, median household income of $54,362, and ACS 2023 median gross rent of $871. Vacancy is 9.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44035?

ACS counts 1,199 units in 2-unit buildings, 904 in 3–4 unit buildings, 1,777 in 5–9, 1,911 in 10–19, and 467 in 20–49. Combined 2–49 unit stock is 6,258 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44035?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 44035 — Elyria, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44035 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.