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

Discover affordable housing in Salem where there are 9+ 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.

Lincoln Place III

1378 S Lincoln Ave, Salem, Ohio 44460

Salem Commons

504 Continental Dr, Salem, Ohio 44460

Salem 76 Apartments

500 E 4th St, Salem, Ohio 44460

Salem Acres

1133 Prospect St, Salem, Ohio 44460

Salem Senior Housing

Station St Between Granite and Overlook Av, Salem, Ohio 44460

Briargate Place Apartments

1264 Southeast Blvd, Salem, Ohio 44460

Lincoln Pl Ph 2 Apt

1380 S Lincoln Ave, Salem, Ohio

Lincoln Pl Ph 3 Apt

1364 S Lincoln Ave, Salem, Ohio

Penn Square Apt

366 Penn Ave Bx166, Salem, Ohio

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Salem, Ohio
$16.29/hour
$9.29 (+133%) more than Ohio minimum wage and $9.04 (+125%) more than the Federal minimum wage.
Learn More About Salem, Ohio Affordable Housing ↓

What HUD offices serve Salem, 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 Salem, Ohio.

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

How many renters live in Salem, Ohio?

The City of Salem has 11,861 people living in 5,185 households.

There are 3,965 renters living in 2,118 renter households in this City. Renters make up 33.43 percent of the population living in Salem.

What is the rental market like in Salem, Ohio?

There are an estimated 5,895 housing units in the Salem area. Of these, 2,205 units are rental homes, making up 37 percent of the housing market. For every renter household in Salem, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Salem?

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

Occupied Rental Units by Size in Salem
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 528 912 572 50
Occupied Rental Units by Size in Salem

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

Among renter households in this market, 44 percent have housing cost burden. Further, 24 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 Salem

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $583 to $1,164. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $583
One BR $704
Two BR $860
Three BR $1,093
Four BR $1,164
2024 Fair Market Rents in Salem, Ohio

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

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 436 83 percent
Two BR 390 43 percent
Rental Units Below FMR in Salem, Ohio

How many affordable rental units are in Salem?

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

Federal Program Unit Count
Low Income Housing Tax Credit 239
Section 8 Project-Based Rental Assistance 121
USDA Section 515 Rural Rental Housing 234
Tracked Units by Federal Program in Salem, Ohio

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

Income Based Apartments in Salem, Ohio

Salem features 307 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 Salem, Ohio

There are 99 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Salem.

Housing Choice Vouchers in Salem, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Salem, Ohio for a two-bedroom apartment is between $774 and $946.

Sourced from federal housing data and AffordableHousingOnline.com research.