Low Income Apartments and Affordable Housing For Rent in Creston, OH

Discover affordable housing in Creston where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Creston Station

227 Coulter St , Creston, Ohio 44217

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Creston, Ohio
$17.25/hour
$10.25 (+146%) more than Ohio minimum wage and $10.00 (+138%) more than the Federal minimum wage.
Learn More About Creston, Ohio Affordable Housing ↓

What HUD offices serve Creston, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Creston, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Creston.

How many renters live in Creston, Ohio?

The City of Creston has 2,072 people living in 765 households.

There are 217 renters living in 95 renter households in this City. Renters make up 10.47 percent of the population living in Creston.

What is the rental market like in Creston, Ohio?

There are an estimated 781 housing units in the Creston area. Of these, 95 units are rental homes, making up 12 percent of the housing market. For every renter household in Creston, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Creston?

The rental vacancy rate in Creston 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 Creston for each bedroom size?

Occupied Rental Units by Size in Creston
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 14 52 20 9
Occupied Rental Units by Size in Creston

A large number of apartments in Creston 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 Creston are overburdened by housing costs?

Among renter households in this market, 37 percent have housing cost burden. Further, 15 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 Creston

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 Creston, Ohio

How many units are rented at Fair Market Rent (FMR) in Creston?

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
One BR 9 64 percent
Two BR 23 44 percent
Rental Units Below FMR in Creston, Ohio

How many affordable rental units are in Creston?

There are a variety of federal affordable housing programs serving households in Creston, Ohio including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 48
Section 8 Project-Based Rental Assistance 49
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Creston, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Creston, Ohio

Creston features 48 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 Creston, Ohio

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Creston.

Housing Choice Vouchers in Creston, Ohio

On average, Section 8 Housing Choice vouchers pay Creston landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Creston.

The maximum amount a voucher would pay on behalf of a low-income tenant in Creston, Ohio for a two-bedroom apartment is between $820 and $1,002.

Sourced from federal housing data and AffordableHousingOnline.com research.