Low Income Apartments and Affordable Housing For Rent in South Lebanon, OH

Discover affordable housing in South Lebanon where there are 1+ 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.

Cedars at River Bend

4800 Lebanon Rd, South Lebanon, Ohio 45065

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In South Lebanon, Ohio
$22.63/hour
$15.63 (+223%) more than Ohio minimum wage and $15.38 (+212%) more than the Federal minimum wage.
Learn More About South Lebanon, Ohio Affordable Housing ↓

What HUD offices serve South 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for South Lebanon, Ohio.

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

How many renters live in South Lebanon, Ohio?

The City of South Lebanon has 6,376 people living in 2,179 households.

There are 1,081 renters living in 567 renter households in this City. Renters make up 16.95 percent of the population living in South Lebanon.

What is the rental market like in South Lebanon, Ohio?

There are an estimated 2,360 housing units in the South Lebanon area. Of these, 652 units are rental homes, making up 28 percent of the housing market. For every renter household in South Lebanon, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in South Lebanon?

The rental vacancy rate in South Lebanon is 7 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 South Lebanon for each bedroom size?

Occupied Rental Units by Size in South Lebanon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 216 81 260 10
Occupied Rental Units by Size in South Lebanon

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

Among renter households in this market, 41 percent have housing cost burden. Further, 23 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 South Lebanon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $810
One BR $919
Two BR $1,195
Three BR $1,588
Four BR $1,766
2024 Fair Market Rents in South Lebanon, Ohio

How many units are rented at Fair Market Rent (FMR) in South 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 78 36 percent
Two BR 9 11 percent
Rental Units Below FMR in South Lebanon, Ohio

How many affordable rental units are in South Lebanon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 176
Public Housing 38
Section 202 Supportive Housing for the Elderly 39
Tracked Units by Federal Program in South Lebanon, Ohio

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

Income Based Apartments in South Lebanon, Ohio

South Lebanon features 0 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 South Lebanon, Ohio

There are 176 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Lebanon.

Housing Choice Vouchers in South Lebanon, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in South Lebanon, Ohio for a two-bedroom apartment is between $1,076 and $1,315.

Sourced from federal housing data and AffordableHousingOnline.com research.