What HUD offices serve Rocky River, 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 Rocky River.
How many renters live in Rocky River, Ohio?
The City of Rocky River has 21,552 people living in 9,693 households.
There are 4,441 renters living in 2,863 renter households in this City. Renters make up 20.61 percent of the population living in Rocky River.
What is the rental market like in Rocky River, Ohio?
There are an estimated 10,494 housing units in the Rocky River area. Of these, 3,049 units are rental homes, making up 29 percent of the housing market. For every renter household in Rocky River, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Rocky River?
The rental vacancy rate in Rocky River is 6 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 Rocky River for each bedroom size?
Occupied Rental Units by Size in Rocky River
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 197 | 1,020 | 1,259 | 338 | 49 |
Occupied Rental Units by Size in Rocky River
A large number of apartments in Rocky River 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 Rocky River are overburdened by housing costs?
Among renter households in this market, 40 percent have housing cost burden. Further, 21 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 Rocky River
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 Rocky River, Ohio
How many units are rented at Fair Market Rent (FMR) in Rocky River?
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 | 19 | 10 percent |
| One BR | 510 | 50 percent |
| Two BR | 568 | 45 percent |
Rental Units Below FMR in Rocky River, Ohio
How many affordable rental units are in Rocky River?
There are a variety of federal affordable housing programs serving households in Rocky River, Ohio including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 99 |
Tracked Units by Federal Program in Rocky River, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rocky River, Ohio
Rocky River features 100 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 Rocky River, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rocky River.
Housing Choice Vouchers in Rocky River, Ohio
On average, Section 8 Housing Choice vouchers pay Rocky River landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Rocky River.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rocky River, Ohio for a two-bedroom apartment is between $997 and $1,219.
Sourced from federal housing data and AffordableHousingOnline.com research.
