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

Discover affordable housing in Ripley where there are 3+ 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.

Riverview Place Apartments

101 Governor St, Ripley, Ohio 45167

Ripley Schoolhouse Apartments

200 N 2nd St, Ripley, Ohio 45167

Scattered Sites

601 Creekview Dr, Ripley, Ohio 45167

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ripley, Ohio
$16.72/hour
$9.72 (+139%) more than Ohio minimum wage and $9.47 (+131%) more than the Federal minimum wage.
Learn More About Ripley, Ohio Affordable Housing ↓

What HUD offices serve Ripley, 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 Ripley, Ohio.

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

How many renters live in Ripley, Ohio?

The City of Ripley has 1,609 people living in 698 households.

There are 665 renters living in 332 renter households in this City. Renters make up 41.33 percent of the population living in Ripley.

What is the rental market like in Ripley, Ohio?

There are an estimated 870 housing units in the Ripley area. Of these, 341 units are rental homes, making up 39 percent of the housing market. For every renter household in Ripley, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Ripley?

The rental vacancy rate in Ripley is 3 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 Ripley for each bedroom size?

Occupied Rental Units by Size in Ripley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 62 191 54 21
Occupied Rental Units by Size in Ripley

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

Among renter households in this market, 40 percent have housing cost burden. Further, 18 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 Ripley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $668 to $1,351. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $668
One BR $672
Two BR $883
Three BR $1,129
Four BR $1,351
2024 Fair Market Rents in Ripley, Ohio

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

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 3 75 percent
One BR 41 66 percent
Two BR 151 79 percent
Rental Units Below FMR in Ripley, Ohio

How many affordable rental units are in Ripley?

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

Federal Program Unit Count
Low Income Housing Tax Credit 52
Public Housing 19
Section 8 Project-Based Rental Assistance 33
Tracked Units by Federal Program in Ripley, Ohio

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

Income Based Apartments in Ripley, Ohio

Ripley features 52 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 Ripley, Ohio

There are 19 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ripley.

Housing Choice Vouchers in Ripley, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ripley, Ohio for a two-bedroom apartment is between $795 and $971.

Sourced from federal housing data and AffordableHousingOnline.com research.