Stark County/Navarre/44662

44662

ZIPSAFMR

Stark County, OH

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ZIP Investment Score

59Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$710	$780	7.0%
1 BR	$800	$870	6.6%
2 BR	$1,010	$930	5.5%
3 BR	$1,280	$1,020	5.8%
4 BR	$1,380	$1,080	6.3%
5 BR	$1,587	Not available	6.3%
6 BR	$1,825	Not available	6.3%
7 BR	$2,099	Not available	6.3%
8 BR	$2,414	Not available	6.3%

Purchase Price Calculator

Maximum purchase price

$76,281

Cost breakdown

+Likely effective rent$930

HUD FMR$1,010

Market rentUsed$930

Est. payment standard (95%)$960

-Principal and interest-$386

Loan amount$61,025

Down payment$15,256

Rate6.50%

Term30 years

-Operating costs-$344

Property taxes-$76

Insurance-$175

Utilities$0

HOA$0

Management-$93

=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

+$15,252(100.0% ROI)

Projected value

$82,146

Return breakdown

Property appreciation+$5,865

Loan principal paid down+$2,186

Rental cash flow+$7,200

5-year hold

+$25,923(169.9% ROI)

Projected value

$86,305

Return breakdown

Property appreciation+$10,024

Loan principal paid down+$3,899

Rental cash flow+$12,000

10-year hold

+$54,656(358.3% ROI)

Projected value

$97,646

Return breakdown

Property appreciation+$21,365

Loan principal paid down+$9,290

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.80ratio

FMR$710

Market$890

vs market-$180

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

0.80

1 BR

0.88ratio

FMR$800

Market$910

vs market-$110

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

0.88

2 BR

1.09ratio

FMR$1,010

Market$930

vs market+$80

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

1.09

3 BR

1.25ratio

FMR$1,280

Market$1,020

vs market+$260

FMR is above market; underwrite to market rent.

1.25

4 BR

1.28ratio

FMR$1,380

Market$1,080

vs market+$300

FMR is above market; underwrite to market rent.

1.28

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 44662 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 44662 (Navarre, OH) is $1,010 a month. That is down 1.0% from $1,020 in FY 2026. Navarre 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, 44662 is tied for the 37th-highest two-bedroom rent (county range $1,000–$1,500). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 44662 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 44662
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$700	$710	+1.4%	$639–$781
1BR	$790	$800	+1.3%	$720–$880
2BR	$1,020	$1,010	−1.0%	$909–$1,111
3BR	$1,280	$1,280	0.0%	$1,152–$1,408
4BR	$1,370	$1,380	+0.7%	$1,242–$1,518

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 44662
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$710	$800	$1,010	$1,280	$1,380
FY 2026	$700	$790	$1,020	$1,280	$1,370
FY 2025	$620	$700	$910	$1,140	$1,210
FY 2024	$580	$660	$860	$1,080	$1,150
FY 2023	$530	$600	$790	$1,010	$1,080

Two-bedroom rent in nearby Stark County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 44662
44643	$1,060	+5.0%
44645	$1,320	+30.7%
44646	$1,050	+4.0%
44647	$1,130	+11.9%
44648	$1,050	+4.0%
44650	$1,050	+4.0%
44652	$1,040	+3.0%
44657	$1,030	+2.0%
44662Current	$1,010	—
44666	$1,110	+9.9%
44669	$1,000	−1.0%
44670	$1,010	0.0%

Questions about ZIP 44662 rents

How much will Section 8 pay for a two-bedroom in ZIP 44662?

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 $1,010 it would be $909 to $1,111. 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 44662 in?

ZIP 44662 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 44662 for FY 2027?

The two-bedroom FMR fell 1.0%, from $1,020 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 27.8%.

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