Stark County/Massillon/44646

44646

ZIPSAFMR

Stark County, OH

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ZIP Investment Score

95Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$740	$810	6.7%
1 BR	$830	$860	6.4%
2 BR	$1,050	$900	5.3%
3 BR	$1,330	$1,310	5.6%
4 BR	$1,420	$1,560	5.8%
5 BR	$1,633	Not available	5.8%
6 BR	$1,878	Not available	5.8%
7 BR	$2,160	Not available	5.8%
8 BR	$2,484	Not available	5.8%

Purchase Price Calculator

Maximum purchase price

$71,823

Cost breakdown

+Likely effective rent$900

HUD FMR$1,050

Market rentUsed$900

Est. payment standard (91%)$950

-Principal and interest-$363

Loan amount$57,459

Down payment$14,365

Rate6.50%

Term30 years

-Operating costs-$337

Property taxes-$72

Insurance-$175

Utilities$0

HOA$0

Management-$90

=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

+$14,781(102.9% ROI)

Projected value

$77,346

Return breakdown

Property appreciation+$5,523

Loan principal paid down+$2,059

Rental cash flow+$7,200

5-year hold

+$25,109(174.8% ROI)

Projected value

$81,261

Return breakdown

Property appreciation+$9,438

Loan principal paid down+$3,671

Rental cash flow+$12,000

10-year hold

+$52,864(368.0% ROI)

Projected value

$91,940

Return breakdown

Property appreciation+$20,117

Loan principal paid down+$8,747

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.87ratio

FMR$740

Market$850

vs market-$110

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

0.87

1 BR

0.95ratio

FMR$830

Market$870

vs market-$40

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

0.95

2 BR

1.17ratio

FMR$1,050

Market$900

vs market+$150

FMR is above market; underwrite to market rent.

1.17

3 BR

1.02ratio

FMR$1,330

Market$1,310

vs market+$20

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

1.02

4 BR

0.83ratio

FMR$1,420

Market$1,710

vs market-$290

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

0.83

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 44646 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 44646 (Massillon, OH) is $1,050 a month. That is down 2.8% from $1,080 in FY 2026. Massillon is in the Canton-Massillon, 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 $1,049. Among 50 ZIP codes in Stark County, 44646 is tied for the 23rd-highest two-bedroom rent (county range $1,000–$1,500).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 44646
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$740	$740	0.0%	$666–$814
1BR	$840	$830	−1.2%	$747–$913
2BR	$1,080	$1,050	−2.8%	$945–$1,155
3BR	$1,360	$1,330	−2.2%	$1,197–$1,463
4BR	$1,440	$1,420	−1.4%	$1,278–$1,562

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 44646
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$740	$830	$1,050	$1,330	$1,420
FY 2026	$740	$840	$1,080	$1,360	$1,440
FY 2025	$660	$740	$960	$1,210	$1,270
FY 2024	$610	$690	$900	$1,130	$1,200
FY 2023	$580	$650	$860	$1,080	$1,160

Two-bedroom rent in nearby Stark County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 44646
44632	$1,180	+12.4%
44634	$1,000	−4.8%
44640	$1,460	+39.0%
44641	$1,000	−4.8%
44643	$1,060	+1.0%
44645	$1,320	+25.7%
44646Current	$1,050	—
44647	$1,130	+7.6%
44648	$1,050	0.0%
44650	$1,050	0.0%
44652	$1,040	−1.0%
44657	$1,030	−1.9%

Questions about ZIP 44646 rents

How much will Section 8 pay for a two-bedroom in ZIP 44646?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,049, which applies unless the housing authority uses Small Area FMRs, that basic range is $944 to $1,154 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. 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 44646 in?

ZIP 44646 is in the Canton-Massillon, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,049.

How much did fair market rent change in ZIP 44646 for FY 2027?

The two-bedroom FMR fell 2.8%, from $1,080 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 22.1%.

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