Summit County fair market rent FY 2027Ohio, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Summit County, Ohio is $1,231 a month, effective October 1, 2026: $886 for a studio, $952 for one bedroom, $1,474 for three and $1,618 for four. It is set for the Akron, OH MSA. The FY 2026 two-bedroom FMR was $1,268 (-2.9%).
Summit County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $886 | $904 | -2.0% | $797 to $974 |
| 1 bedroom | $952 | $985 | -3.4% | $856 to $1,047 |
| 2 bedrooms | $1,231 | $1,268 | -2.9% | $1,107 to $1,354 |
| 3 bedrooms | $1,474 | $1,547 | -4.7% | $1,326 to $1,621 |
| 4 bedrooms | $1,618 | $1,681 | -3.7% | $1,456 to $1,779 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Summit County compares
Summit County's two-bedroom FMR of $1,231 is the 21st highest of 88 counties in Ohio, where the county median is $1,048 and the range $1,003 to $1,607. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Summit County ranks 990th.
HUD sets one FMR for each metropolitan area, so Portage County has the same figures as Summit County (Akron, OH MSA).
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Akron, OH MSA it lists 71 ZIP codes, with two-bedroom Small Area FMRs from $1,000 to $1,850. This is one of HUD's 65 designated Small Area FMR areas, where housing agencies must set voucher payment standards from the ZIP code figures.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Ohio counties · Fair market rents in every state
More for Summit County
- Summit County loan limitsThis year's FHFA conforming, FHA and VA county loan limits for 1 to 4 unit homes, from FHFA's and HUD's official files.
- Summit County property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
- Title insurance premium calculatorOwner's and lender's policy premiums from the official rate schedules of Texas, Florida, Pennsylvania and New York.
- Seller net sheet and closing costsNet proceeds after the payoff, commission, transfer taxes, title premiums and recording fees.
- Real estate transfer tax calculatorDeed transfer taxes for New York, Florida, Pennsylvania, Illinois, the Carolinas, Arkansas, Texas and Arizona.
- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Summit County property
HeritageDeed does not search title records in Summit County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Summit County fair market rent
What is the fair market rent in Summit County for FY 2027?
$886 for a studio, $952 for one bedroom, $1,231 for two, $1,474 for three and $1,618 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Summit County for FY 2026?
$904 for a studio, $985 for one bedroom, $1,268 for two, $1,547 for three and $1,681 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Summit County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,107 to $1,354 for two bedrooms here, or from the ZIP code's Small Area FMR, which HUD requires in this area. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Summit County's fair market rent high for Ohio?
$1,231 for two bedrooms ranks 21st of 88 counties in Ohio; the state's county median is $1,048 (range $1,003 to $1,607) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/ohio/summit-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.