Affordable Housing In Bainbridge
Geauga County, Ohio

1 Low Income Apartment Communities In Bainbridge

Bainbridge Manor Apartments

200 Shawnee St
Bainbridge, Ohio
Subsidized
  • «
  • 1
  • »

Housing Authorities that serve Bainbridge

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

Guide To Affordable Housing in Bainbridge, Ohio

There are 1 low income housing apartment communities offering 48 affordable apartments for rent in Bainbridge, Ohio.

Income Based Apartments in Bainbridge, Ohio

Bainbridge features 48 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 Bainbridge, Ohio

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bainbridge.

Housing Choice Vouchers in Bainbridge, Ohio

On average, Section 8 Housing Choice vouchers pay Bainbridge landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bainbridge.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bainbridge, Ohio for a two-bedroom apartment is between $764 and $934.

2020 Bainbridge, Ohio Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $585 $691 $849 $1,119 $1,174
Payment Standard Range $527 to $644 $622 to $760 $764 to $934 $1,007 to $1,231 $1,057 to $1,291

Sourced from federal housing data and AffordableHousingOnline.com research.

Bainbridge, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 9.59%
Average Renter Household Size 3.29
Average Household Size 2.35
Median Household Income $98,839 ±$24,351
Median Rent $1,343 ±$222
Percentage Of Renters Overburdened 0% ± 20.37pp
Total Population 2,659

Population and Household Demographics

Bainbridge is a City in Geauga County, Ohio with a population of 2,659. There are 1,126 households in the city with an average household size of 2.35 persons. 9.59% of households in Bainbridge are renters.

Income and Rent Overburden in Bainbridge

The median gross income for households in Bainbridge is $98,839 a year, or $8,237 a month. The median rent for the city is $1,343 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bainbridge, a household making less than $4,477 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Bainbridge.1

Area Median Income In Bainbridge

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 Bainbridge, the AMI is calculated from all households within Geauga County.

In Bainbridge, HUD calculates the Area Median Income for a family of four as $73,700

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 Bainbridge

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 HUD Rental Assistance in Bainbridge

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,500 $17,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,800 $29,500 $33,200 $36,850 $39,800 $42,750 $45,700 $48,650
80% of Median $41,300 $47,200 $53,100 $58,950 $63,700 $68,400 $73,100 $77,850