Trumbull County/Youngstown/44504

44504

ZIPSAFMR

Trumbull County, OH

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ZIP Investment Score

155High yield potential

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$760	$800	6.5%
1 BR	$800	$870	5.6%
2 BR	$1,000	$890	5.2%
3 BR	$1,300	$1,150	4.8%
4 BR	$1,370	$1,400	4.5%
5 BR	$1,575	Not available	4.5%
6 BR	$1,812	Not available	4.5%
7 BR	$2,084	Not available	4.5%
8 BR	$2,396	Not available	4.5%

Purchase Price Calculator

Maximum purchase price

$70,337

Cost breakdown

+Likely effective rent$890

HUD FMR$1,000

Market rentUsed$890

Est. payment standard (93%)$930

-Principal and interest-$356

Loan amount$56,270

Down payment$14,067

Rate6.50%

Term30 years

-Operating costs-$334

Property taxes-$70

Insurance-$175

Utilities$0

HOA$0

Management-$89

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$14,624(104.0% ROI)

Projected value

$75,745

Return breakdown

Property appreciation+$5,408

Loan principal paid down+$2,016

Rental cash flow+$7,200

5-year hold

+$24,838(176.6% ROI)

Projected value

$79,580

Return breakdown

Property appreciation+$9,243

Loan principal paid down+$3,595

Rental cash flow+$12,000

10-year hold

+$52,267(371.5% ROI)

Projected value

$90,037

Return breakdown

Property appreciation+$19,700

Loan principal paid down+$8,566

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.93ratio

FMR$760

Market$820

vs market-$60

FMR is near market; voucher and private rents are aligned.

0.93

1 BR

0.89ratio

FMR$800

Market$900

vs market-$100

FMR is below market; voucher rent may lag private rents.

0.89

2 BR

1.12ratio

FMR$1,000

Market$890

vs market+$110

FMR is above market; underwrite to market rent.

1.12

3 BR

1.13ratio

FMR$1,300

Market$1,150

vs market+$150

FMR is above market; underwrite to market rent.

1.13

4 BR

0.96ratio

FMR$1,370

Market$1,420

vs market-$50

FMR is near market; voucher and private rents are aligned.

0.96

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 44504 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 44504 (Youngstown, OH) is $1,000 a month. That is up 3.1% from $970 in FY 2026. Youngstown 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, 44504 is tied for the 16th-highest two-bedroom rent (county range $1,000–$1,230). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 44504 is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 44504
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$730	$760	+4.1%	$684–$836
1BR	$770	$800	+3.9%	$720–$880
2BR	$970	$1,000	+3.1%	$900–$1,100
3BR	$1,270	$1,300	+2.4%	$1,170–$1,430
4BR	$1,340	$1,370	+2.2%	$1,233–$1,507

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 44504
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$760	$800	$1,000	$1,300	$1,370
FY 2026	$730	$770	$970	$1,270	$1,340
FY 2025	$660	$700	$880	$1,170	$1,240
FY 2024	$630	$680	$860	$1,130	$1,200
FY 2023	$570	$630	$790	$1,060	$1,120

Two-bedroom rent in nearby Trumbull County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 44504
44446	$1,000	0.0%
44450	$1,000	0.0%
44453	$1,000	0.0%
44470	$1,000	0.0%
44473	$1,210	+21.0%
44481	$1,000	0.0%
44483	$1,070	+7.0%
44484	$1,130	+13.0%
44485	$1,020	+2.0%
44491	$1,060	+6.0%
44504Current	$1,000	—
44505	$1,000	0.0%

Questions about ZIP 44504 rents

How much will Section 8 pay for a two-bedroom in ZIP 44504?

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 $1,000 it would be $900 to $1,100. 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 44504 in?

ZIP 44504 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 44504 for FY 2027?

The two-bedroom FMR rose 3.1%, from $970 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 26.6%.

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 rent Youngstown, OH fair market rent OH statewide rents What is SAFMR?Data sources