Housing market/Ohio/ZIP 44311

ACS 2023 · FY2027 SAFMR

ZIP 44311 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
7,580
Households
2,774
Median HH income
$23,857
Renter share
86.7%
Median gross rent
$790
Vacancy
18.4%
Pop. change
-10.3%
2BR SAFMR
$1,040
SAFMR / rent
1.316×
2–49 unit stock
1,434
LIHTC proj / units
4 / 660
HUD assisted MF
4 / 419

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 44311 · OH — sent to you.

ZIP 44311 · OH

ACS median rent$790
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 44311

  • 1-unit detached1,52945.0%
  • 1-unit attached1293.8%
  • 2–4 units81323.9%
  • 5–49 units62118.3%
  • 50+ units3018.9%
  • Mobile70.2%
TypeUnitsShare
1-unit detached1,52945.0%
1-unit attached1293.8%
2 units (duplex)58917.3%
3–4 units2246.6%
5–9 units2928.6%
10–19 units2306.8%
20–49 units992.9%
50+ units3018.9%
Mobile70.2%

2–4 unit share 23.9% · 5–49 unit share 18.3% · combined 2–49 42.2%.

Units by bedrooms

Studio
76
1BR
725
2BR
854
3BR
1,160
4BR
414
5+
171

Rent burden

Rent ≥30% of income47.8%
Rent ≥50% of income27.1%
  • ACS median gross rent $790 (all bedrooms, occupied rentals).
  • Median contract rent $650.
  • Renters paying ≥30% of income 47.8%; ≥50% 27.1%.
  • FY2027 2BR SAFMR $1,040 (1.316× ACS median gross rent).

Population

7,580 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -10.3%.

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

Assisted inventory

  • LIHTC: 4 projects, 660 units.
  • HUD project-based assisted MF: 4 properties, 419 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 44311 86.7% of occupied households are renters; vacancy is 18.4%; ACS median gross rent is $790; population changed -10.3% between the 2018 and 2023 ACS vintages; the housing stock includes 813 units in 2–4-unit structures and 621 units in 5–49-unit structures; 4 LIHTC projects totaling 660 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $790. 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 44311 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 44311?

ZIP 44311 (Akron, OH MSA) has 7,580 residents, 2,774 households, a renter share of 86.7%, median household income of $23,857, and ACS 2023 median gross rent of $790. Vacancy is 18.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 44311?

ACS counts 589 units in 2-unit buildings, 224 in 3–4 unit buildings, 292 in 5–9, 230 in 10–19, and 99 in 20–49. Combined 2–49 unit stock is 1,434 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 44311?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 44311 — Akron, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 44311 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.