What HUD offices serve New Lebanon, 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 New Lebanon.
How many renters live in New Lebanon, Ohio?
The City of New Lebanon has 4,131 people living in 1,504 households.
There are 1,321 renters living in 440 renter households in this City. Renters make up 31.98 percent of the population living in New Lebanon.
What is the rental market like in New Lebanon, Ohio?
There are an estimated 1,563 housing units in the New Lebanon area. Of these, 486 units are rental homes, making up 31 percent of the housing market. For every renter household in New Lebanon, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in New Lebanon?
The rental vacancy rate in New Lebanon is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in New Lebanon for each bedroom size?
Occupied Rental Units by Size in New Lebanon
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 30 | 147 | 190 | 73 |
Occupied Rental Units by Size in New Lebanon
A large number of apartments in New Lebanon 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 New Lebanon are overburdened by housing costs?
Among renter households in this market, 25 percent have housing cost burden. Further, 17 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 New Lebanon
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,459. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $743 |
| One BR | $800 |
| Two BR | $1,023 |
| Three BR | $1,330 |
| Four BR | $1,459 |
2024 Fair Market Rents in New Lebanon, Ohio
How many units are rented at Fair Market Rent (FMR) in New Lebanon?
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 | 30 | 100 percent |
| Two BR | 134 | 91 percent |
Rental Units Below FMR in New Lebanon, Ohio
How many affordable rental units are in New Lebanon?
There are a variety of federal affordable housing programs serving households in New Lebanon, Ohio including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 40 |
Tracked Units by Federal Program in New Lebanon, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New Lebanon, Ohio
New Lebanon features 40 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 New Lebanon, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Lebanon.
Housing Choice Vouchers in New Lebanon, Ohio
On average, Section 8 Housing Choice vouchers pay New Lebanon landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Lebanon.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Lebanon, Ohio for a two-bedroom apartment is between $921 and $1,125.
Sourced from federal housing data and AffordableHousingOnline.com research.
