Affordable Housing In Ashville
Pickaway County, Ohio

4 Low Income Apartment Communities In Ashville

Miller Commons

110 Miller Ave
Ashville, OH
Call For Rent
2 BR
62+
HCV Welcome

Ashville Senior Apartments

100 Abby Ct
Ashville, OH
Call For Rent
2 BR
62+
HCV Welcome

Louise Terrace

270 Lexington Ave
Ashville, OH
62+
Accessible
Elderly Supportive Housing
Subsidized

Prairie View Apartments

199 Miller Ave
Ashville, OH
HCV Welcome
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There are 4 low income housing apartment complexes which contain 153 affordable apartments for rent in Ashville. Many of these rental apartments are income based housing with 41 apartments that set rent based on your income. In Ashville, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 112 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Ashville

Housing Authority Programs
Pickaway Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Ashville, Ohio

Ashville, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 153
Total Rent Assisted Apartments 41
Percentage of Housing Units Occupied By Renters 45.27%
Average Renter Household Size 2.23
Total Population 4,144
Housing Units 1,460
Average Household Size 2.84
Median Household Income $60,904 ±$11,976
Median Rent $699 ±$62
Percentage Of Renters Overburdened 19.82% ± 11.55pp

Population and Household Demographics

Ashville is a City in Pickaway County, Ohio with a population of 4,144. There are 1,460 households in the city with an average household size of 2.84 persons. 45.27% of households in Ashville are renters.

Income and Rent Overburden in Ashville

The median gross income for households in Ashville is $60,904 a year, or $5,075 a month. The median rent for the city is $699 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ashville, a household making less than $2,330 a month would be considered overburdened when renting an apartment at or above the median rent. 19.82% of households who rent are overburdened in Ashville.1

Area Median Income In Ashville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ashville, the AMI is calculated from all households within Pickaway County.

In Ashville, HUD calculates the Area Median Income for a family of four as $78,000

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 Ashville

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 Ashville HUD Rental Assistance in Ashville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,400 $18,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,300 $31,200 $35,100 $39,000 $42,150 $45,250 $48,400 $51,500
80% of Median $43,700 $49,950 $56,200 $62,400 $67,400 $72,400 $77,400 $82,400
Low Income Housing Tax Credits in Ashville

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

From 1989 to 2007, 3 low income apartment communities containing 113 rental apartments have been constructed and made affordable to low income persons in Ashville 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 Ashville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,300 $31,200 $35,100 $39,000 $42,150 $45,250 $48,400 $51,500
60% of Median $32,760 $37,440 $42,120 $46,800 $50,580 $54,300 $58,080 $61,800

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 Ashville is $42,120 a year, or $3,510 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,510 by 30% to get a maximum rent of $1,053 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% $683 $731 $878 $1,014 $1,131 $1,249
60% $819 $878 $1,053 $1,217 $1,358 $1,499
Fair Market Rents in Ashville

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$643 $761 $957 $1,225 $1,424