Housing market/Ohio/ZIP 44302

ACS 2023 · FY2027 SAFMR

ZIP 44302 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
5,302
Households
2,693
Median HH income
$45,323
Renter share
56.4%
Median gross rent
$758
Vacancy
10.6%
Pop. change
+3.4%
2BR SAFMR
$1,000
SAFMR / rent
1.319×
2–49 unit stock
1,021
LIHTC proj / units
5 / 101
HUD assisted MF
4 / 226

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44302 · OH — sent to you.

ZIP 44302 · OH

ACS median rent$758
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44302

  • 1-unit detached1,61353.6%
  • 1-unit attached70.2%
  • 2–4 units68222.7%
  • 5–49 units33911.3%
  • 50+ units37012.3%
TypeUnitsShare
1-unit detached1,61353.6%
1-unit attached70.2%
2 units (duplex)40813.6%
3–4 units2749.1%
5–9 units1204.0%
10–19 units812.7%
20–49 units1384.6%
50+ units37012.3%
Mobile00.0%

2–4 unit share 22.7% · 5–49 unit share 11.3% · combined 2–49 33.9%.

Units by bedrooms

Studio
136
1BR
712
2BR
505
3BR
926
4BR
552
5+
180

Rent burden

Rent ≥30% of income41.8%
Rent ≥50% of income22.4%
  • ACS median gross rent $758 (all bedrooms, occupied rentals).
  • Median contract rent $601.
  • Renters paying ≥30% of income 41.8%; ≥50% 22.4%.
  • FY2027 2BR SAFMR $1,000 (1.319× ACS median gross rent).

Population

5,302 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.4%.

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

Assisted inventory

  • LIHTC: 5 projects, 101 units.
  • HUD project-based assisted MF: 4 properties, 226 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 44302 56.4% of occupied households are renters; vacancy is 10.6%; ACS median gross rent is $758; population increased +3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 682 units in 2–4-unit structures and 339 units in 5–49-unit structures; 5 LIHTC projects totaling 101 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $758. 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 44302 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 44302?

ZIP 44302 (Akron, OH MSA) has 5,302 residents, 2,693 households, a renter share of 56.4%, median household income of $45,323, and ACS 2023 median gross rent of $758. Vacancy is 10.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44302?

ACS counts 408 units in 2-unit buildings, 274 in 3–4 unit buildings, 120 in 5–9, 81 in 10–19, and 138 in 20–49. Combined 2–49 unit stock is 1,021 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44302?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 44302 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44302 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.