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

Discover affordable housing in Ironton where there are 7+ 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.

Sherman Thompson Towers

275 N 3rd St, Ironton, Ohio 45638

Ironton - Lawrence Co Cac - N - B - 98 - 742 - 1

305 N 5th St, Ironton, Ohio 45638

Storms Creek Apartments

1505 Lawrence St, Ironton, Ohio 45638

Park Avenue Apartments

202 Park Ave, Ironton, Ohio 45638

River Hills Apartments

703 S 9th St, Ironton, Ohio 45638

River Hills Apartments

720 Washington St, Ironton, Ohio 45638

Tenth Street Apartments

511 S 10th St, Ironton, Ohio 45638

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ironton, Ohio
$17.77/hour
$10.77 (+154%) more than Ohio minimum wage and $10.52 (+145%) more than the Federal minimum wage.
Learn More About Ironton, Ohio Affordable Housing ↓

What HUD offices serve Ironton, 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 programs for Ironton, Ohio.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Ironton, Ohio.

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

How many renters live in Ironton, Ohio?

The City of Ironton has 10,597 people living in 4,321 households.

There are 4,031 renters living in 1,838 renter households in this City. Renters make up 38.04 percent of the population living in Ironton.

What is the rental market like in Ironton, Ohio?

There are an estimated 5,013 housing units in the Ironton area. Of these, 2,034 units are rental homes, making up 41 percent of the housing market. For every renter household in Ironton, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Ironton?

The rental vacancy rate in Ironton is 4 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 Ironton for each bedroom size?

Occupied Rental Units by Size in Ironton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
75 434 708 466 81
Occupied Rental Units by Size in Ironton

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

Among renter households in this market, 33 percent have housing cost burden. Further, 16 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 Ironton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $793 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $793
One BR $815
Two BR $938
Three BR $1,236
Four BR $1,431
2024 Fair Market Rents in Ironton, Ohio

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

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 75 100 percent
One BR 399 92 percent
Two BR 460 65 percent
Rental Units Below FMR in Ironton, Ohio

How many affordable rental units are in Ironton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 303
Public Housing 249
Section 8 Project-Based Rental Assistance 150
Section 811 Supportive Housing for Persons with Disabilities 1
Tracked Units by Federal Program in Ironton, Ohio

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

Income Based Apartments in Ironton, Ohio

Ironton features 400 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 Ironton, Ohio

There are 181 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ironton.

Housing Choice Vouchers in Ironton, Ohio

On average, Section 8 Housing Choice vouchers pay Ironton landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Ironton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ironton, Ohio for a two-bedroom apartment is between $844 and $1,032.

Sourced from federal housing data and AffordableHousingOnline.com research.