JeffCroweCRE

Housing market/Ohio/ZIP 44103

ACS 2023 · FY2027 SAFMR

ZIP 44103 Cleveland, 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
13,776
Households
6,990
Median HH income
$24,219
Renter share
67.7%
Median gross rent
$720
Vacancy
26.3%
Pop. change
-16.6%
2BR SAFMR
$1,080
SAFMR / rent
1.500×
2–49 unit stock
3,664
LIHTC proj / units
20 / 1,237
HUD assisted MF
10 / 942

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 44103 · OH — sent to you.

ZIP 44103 · OH

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ACS rent vs 2BR SAFMR

ZIP 44103 — Cleveland, OH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$720
2BR SAFMR$1,080
90% floor$972
110% ceiling$1,188

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44103

  • 1-unit detached3,03632.1%
  • 1-unit attached1,21712.9%
  • 2–4 units2,72528.8%
  • 5–49 units9399.9%
  • 50+ units1,50515.9%
  • Mobile330.3%
TypeUnitsShare
1-unit detached3,03632.0%
1-unit attached1,21712.8%
2 units (duplex)1,45715.4%
3–4 units1,26813.4%
5–9 units3463.7%
10–19 units1821.9%
20–49 units4114.3%
50+ units1,50515.9%
Mobile330.3%

2–4 unit share 28.7% · 5–49 unit share 9.9% · combined 2–49 38.7%.

Units by bedrooms

Studio
597
1BR
1,852
2BR
3,098
3BR
2,443
4BR
939
5+
550

Rent burden

Rent ≥30% of income45.0%
Rent ≥50% of income23.8%
  • ACS median gross rent $720 (all bedrooms, occupied rentals).
  • Median contract rent $574.
  • Renters paying ≥30% of income 45.0%; ≥50% 23.8%.
  • FY2027 2BR SAFMR $1,080 (1.500× ACS median gross rent).

Population

13,776 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -16.6%.

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

Assisted inventory

  • LIHTC: 20 projects, 1,237 units.
  • HUD project-based assisted MF: 10 properties, 942 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,117 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 44103 67.7% of occupied households are renters; vacancy is 26.3%; ACS median gross rent is $720; population changed -16.6% between the 2018 and 2023 ACS vintages; the housing stock includes 2,725 units in 2–4-unit structures and 939 units in 5–49-unit structures; 20 LIHTC projects totaling 1,237 units; FY2027 2BR SAFMR is $1,080 versus ACS median gross rent of $720. 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 44103 is a Census / HUD profile for Cleveland, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 44103 — Cleveland, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
44001Cleveland, OH HUD Metro FMR Area12.4%$947$1,19044011Cleveland, OH HUD Metro FMR Area11.8%$1,446$1,84044012Cleveland, OH HUD Metro FMR Area17.8%$1,500$1,85044017Cleveland, OH HUD Metro FMR Area26.8%$981$1,27044021Cleveland, OH HUD Metro FMR Area19.2%$926$1,15044022Cleveland, OH HUD Metro FMR Area8.5%$1,446$1,83044023Cleveland, OH HUD Metro FMR Area12.9%$2,396$1,91044024Cleveland, OH HUD Metro FMR Area13.0%$1,022$1,34044026Cleveland, OH HUD Metro FMR Area10.3%$884$1,53044028Cleveland, OH HUD Metro FMR Area8.9%$1,438$1,87044033Cleveland, OH HUD Metro FMR Area——$1,25044035Cleveland, OH HUD Metro FMR Area36.9%$871$1,150

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 44103?

ZIP 44103 (Cleveland, OH HUD Metro FMR Area) has 13,776 residents, 6,990 households, a renter share of 67.7%, median household income of $24,219, and ACS 2023 median gross rent of $720. Vacancy is 26.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44103?

ACS counts 1,457 units in 2-unit buildings, 1,268 in 3–4 unit buildings, 346 in 5–9, 182 in 10–19, and 411 in 20–49. Combined 2–49 unit stock is 3,664 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44103?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,080. See the full schedule and 90–110% payment-standard band on the ZIP 44103 — Cleveland, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44103 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.