Affordable Housing In Ashland County

13 Low Income Apartment Communities In Ashland County

Arlene Apartments

170 E 2nd St
Perrysville, OH
Call For Rent
2 BR

Mill Run Place

1715 Richard Dr
Ashland, OH
Call For Rent
1 BR
Elderly Supportive Housing

Ashland Village

1509 Cottage St
Ashland, OH

Martin House

625 Center St
Ashland, OH

Loudon Bluffs

803 S Mount Vernon Ave
Loudonville, OH

Good Shepherd Villa

726 Center St
Ashland, OH
Elderly Supportive Housing

Ashland Essex House

1 E Main St
Ashland, OH
HCV Welcome

Ashland Co. Coun on Aging - N - B - 96 - 820 - 1

213 Main St
Ashland, OH
HCV Welcome

Lincoln Terrace Apartments

1126 E Main St
Ashland, OH
HCV Welcome

Fairview West

1203 Winthrop Ln
Ashland, OH
HCV Welcome

Guide To Affordable Housing in Ashland County, Ohio

There are 13 low income housing apartment communities offering 443 affordable apartments for rent in Ashland County, Ohio. Ashland County features 291 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 152 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Ashland County.

Sourced from federal housing data and research.

Ashland County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 443
Total Housing Units with Rental Assistance 291
Percentage of Housing Units Occupied By Renters 28.13%
Average Renter Household Size 2.42
Average Household Size 2.50
Median Household Income $48,003 ±$1,682
Median Rent $676 ±$24
Percentage Of Renters Overburdened 33.81% ± 4.89pp
Total Population 53,189

Population and Household Demographics

Ashland County is a County in Ohio with a population of 53,189. There are 20,427 households in the county with an average household size of 2.50 persons. 28.13% of households in Ashland County are renters.

Income and Rent Overburden in Ashland County

The median gross income for households in Ashland County is $48,003 a year, or $4,000 a month. The median rent for the county is $676 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ashland County, a household making less than $2,253 a month would be considered overburdened when renting an apartment at or above the median rent. 33.81% of households who rent are overburdened in Ashland County.1

Area Median Income In Ashland County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Ashland County, HUD calculates the Area Median Income for a family of four as $62,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ashland County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Ashland County HUD Rental Assistance in Ashland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,750 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,200
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
80% of Median $36,650 $41,850 $47,100 $52,300 $56,500 $60,700 $64,900 $69,050
Low Income Housing Tax Credits in Ashland County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 1998, 5 low income apartment communities containing 157 rental apartments have been constructed and made affordable to low income persons in Ashland County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Ashland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
60% of Median $27,480 $31,440 $35,340 $39,240 $42,420 $45,540 $48,660 $51,840

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Ashland County is $35,340 a year, or $2,945 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,945 by 30% to get a maximum rent of $884 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $573 $614 $736 $851 $949 $1,047
60% $687 $737 $884 $1,021 $1,139 $1,256
Fair Market Rents in Ashland County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$453 $538 $696 $894 $1,111

Cities In Ashland County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Ashland 8
Perrysville 1
Loudonville 4
Bailey Lakes 0
Cinnamon Lake 0
Hayesville 0
Jeromesville 0
Polk 0
Mifflin 0
Savannah 0