What HUD offices serve Fairview Park, Ohio?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Fairview Park.
How many renters live in Fairview Park, Ohio?
The City of Fairview Park has 17,137 people living in 7,727 households.
There are 4,227 renters living in 2,350 renter households in this City. Renters make up 24.67 percent of the population living in Fairview Park.
What is the rental market like in Fairview Park, Ohio?
There are an estimated 8,072 housing units in the Fairview Park area. Of these, 2,358 units are rental homes, making up 29 percent of the housing market. For every renter household in Fairview Park, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Fairview Park?
The rental vacancy rate in Fairview Park is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Fairview Park for each bedroom size?
Occupied Rental Units by Size in Fairview Park
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 146 | 843 | 994 | 304 | 63 |
Occupied Rental Units by Size in Fairview Park
A large number of apartments in Fairview Park have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Fairview Park are overburdened by housing costs?
Among renter households in this market, 40 percent have housing cost burden. Further, 19 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Fairview Park
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $811 to $1,527. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $811 |
| One BR | $913 |
| Two BR | $1,108 |
| Three BR | $1,434 |
| Four BR | $1,527 |
2024 Fair Market Rents in Fairview Park, Ohio
How many units are rented at Fair Market Rent (FMR) in Fairview Park?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 120 | 82 percent |
| One BR | 560 | 66 percent |
| Two BR | 467 | 47 percent |
Rental Units Below FMR in Fairview Park, Ohio
How many affordable rental units are in Fairview Park?
There are a variety of federal affordable housing programs serving households in Fairview Park, Ohio including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 71 |
Tracked Units by Federal Program in Fairview Park, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fairview Park, Ohio
Fairview Park features 70 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Fairview Park, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairview Park.
Housing Choice Vouchers in Fairview Park, Ohio
On average, Section 8 Housing Choice vouchers pay Fairview Park landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Fairview Park.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fairview Park, Ohio for a two-bedroom apartment is between $997 and $1,219.
Sourced from federal housing data and AffordableHousingOnline.com research.
