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Trumbull County/Warren/44484

44484

ZIPSAFMR
Trumbull County, OH
Zillow

ZIP Investment Score

119Above average

095130300
BRFMR
Eff. Rent
0 BR$850$800
1 BR$900$900
2 BR$1,130$1,070
3 BR$1,460$1,290
4 BR$1,550$1,380
5 BR$1,782Not available
6 BR$2,050Not available
7 BR$2,357Not available
8 BR$2,711Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$1,130
Market rentUsed$1,070
Est. payment standard (97%)$1,090
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.06
1 BR
1.00
2 BR
1.06
3 BR
1.13
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 44484 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 44484 (Warren, OH) is $1,130 a month. That is up 3.7% from $1,090 in FY 2026. Warren is in the Youngstown-Warren, OH MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,003. Among 33 ZIP codes in Trumbull County, 44484 has the 3rd-highest two-bedroom rent (county range $1,000–$1,230). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 44484 is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 44484
BedroomsFY 2027Change90–110% range
Studio$850+3.7%$765–$935
1BR$900+4.7%$810–$990
2BR$1,130+3.7%$1,017–$1,243
3BR$1,460+2.8%$1,314–$1,606
4BR$1,550+2.6%$1,395–$1,705

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 44484
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$850$900$1,130$1,460$1,550
FY 2026$820$860$1,090$1,420$1,510
FY 2025$730$780$980$1,280$1,360
FY 2024$680$730$920$1,210$1,280
FY 2023$590$650$820$1,080$1,150

Two-bedroom rent in nearby Trumbull County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 44484
44446$1,000−11.5%
44450$1,000−11.5%
44453$1,000−11.5%
44470$1,000−11.5%
44473$1,210+7.1%
44481$1,000−11.5%
44483$1,070−5.3%
44484Current$1,130—
44485$1,020−9.7%
44491$1,060−6.2%
44504$1,000−11.5%
44505$1,000−11.5%

Questions about ZIP 44484 rents

How much will Section 8 pay for a two-bedroom in ZIP 44484?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,003, which applies unless the housing authority uses Small Area FMRs, that basic range is $903 to $1,103 a month; under the ZIP-level Small Area FMR of $1,130 it would be $1,017 to $1,243. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 44484 in?

ZIP 44484 is in the Youngstown-Warren, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,003.

How much did fair market rent change in ZIP 44484 for FY 2027?

The two-bedroom FMR rose 3.7%, from $1,090 in FY 2026 to $1,130 in FY 2027. Since FY 2023 it has risen 37.8%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentWarren, OH fair market rentOH statewide rentsWhat is SAFMR?Data sources