How many renters live in St Paris, Ohio?
The City of St Paris has 2,138 people living in 802 households.
There are 560 renters living in 233 renter households in this City. Renters make up 26.19 percent of the population living in St Paris.
What is the rental market like in St Paris, Ohio?
There are an estimated 903 housing units in the St Paris area. Of these, 244 units are rental homes, making up 27 percent of the housing market. For every renter household in St Paris, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in St Paris?
The rental vacancy rate in St Paris is 5 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 St Paris for each bedroom size?
Occupied Rental Units by Size in St Paris
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 33 | 89 | 78 | 28 |
Occupied Rental Units by Size in St Paris
A large number of apartments in St Paris 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 St Paris are overburdened by housing costs?
Among renter households in this market, 35 percent have housing cost burden. Further, 30 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 St Paris
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $676 to $1,262. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $676 |
| One BR | $694 |
| Two BR | $879 |
| Three BR | $1,170 |
| Four BR | $1,262 |
2024 Fair Market Rents in St Paris, Ohio
How many units are rented at Fair Market Rent (FMR) in St Paris?
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 | 27 | 82 percent |
| Two BR | 47 | 53 percent |
Rental Units Below FMR in St Paris, Ohio
How many affordable rental units are in St Paris?
There are a variety of federal affordable housing programs serving households in St Paris, Ohio including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 27 |
| USDA Section 515 Rural Rental Housing | 73 |
Tracked Units by Federal Program in St Paris, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in St Paris, Ohio
St Paris features 73 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 St Paris, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Paris.
Housing Choice Vouchers in St Paris, Ohio
On average, Section 8 Housing Choice vouchers pay St Paris landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in St Paris.
The maximum amount a voucher would pay on behalf of a low-income tenant in St Paris, Ohio for a two-bedroom apartment is between $791 and $967.
Sourced from federal housing data and AffordableHousingOnline.com research.
