FY2026 Fair Market Rents — Summit County
Studio
$904
1BR
$985
2BR
$1,268
3BR
$1,547
4BR
$1,681
Summit County, Ohio
FIPS 39153 · County-level FMR and income limit data
FMR Area: Akron, OH MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $904 | $10,848 |
| 1-Bedroom | $985 | $11,820 |
| 2-Bedroom | $1,268 | $15,216 |
| 3-Bedroom | $1,547 | $18,564 |
| 4-Bedroom | $1,681 | $20,172 |
To afford the FY2026 2-bedroom FMR of $1,268/mo under the 30%-of-income rule, a household needs about
$50,720/yr ($4,227/mo). Area Median Income is $97,100.
At OH's state minimum wage of $10.70/hr, a worker would need to work 92 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $904 | $985 | $1,268 | $1,547 | $1,681 |
| FY2025 | $799 | $880 | $1,131 | $1,398 | $1,504 |
| FY2024 | $728 | $816 | $1,039 | $1,301 | $1,389 |
| FY2023 | $712 | $809 | $1,027 | $1,297 | $1,380 |
| FY2022 | $610 | $702 | $890 | $1,126 | $1,207 |
| FY2021 | $566 | $664 | $849 | $1,069 | $1,151 |
| FY2020 | $557 | $659 | $847 | $1,065 | $1,147 |
FY2026 Income Limits
Area Median Income: $97,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,450 | $23,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,000 | $38,850 | $43,700 | $48,550 | $52,450 | $56,350 |
| 80% AMI | $54,400 | $62,200 | $69,950 | $77,700 | $83,950 | $90,150 |