Low Income Apartments and Affordable Housing For Rent in Beavercreek, OH

Discover affordable housing in Beavercreek where there are 2+ 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.

Beavercreek Elderly

30 Woodcroft Trl, Beavercreek, Ohio 45430

AHEPA 113 Senior Apartments

2300 Country Line Rd, Beavercreek, Ohio 45430

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Beavercreek, Ohio
$19.38/hour
$12.38 (+177%) more than Ohio minimum wage and $12.13 (+167%) more than the Federal minimum wage.
Learn More About Beavercreek, Ohio Affordable Housing ↓

What HUD offices serve Beavercreek, 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 Beavercreek, Ohio.

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

How many renters live in Beavercreek, Ohio?

The City of Beavercreek has 46,576 people living in 18,891 households.

There are 10,145 renters living in 5,062 renter households in this City. Renters make up 21.78 percent of the population living in Beavercreek.

What is the rental market like in Beavercreek, Ohio?

There are an estimated 20,041 housing units in the Beavercreek area. Of these, 5,600 units are rental homes, making up 28 percent of the housing market. For every renter household in Beavercreek, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Beavercreek?

The rental vacancy rate in Beavercreek is 6 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 Beavercreek for each bedroom size?

Occupied Rental Units by Size in Beavercreek
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
120 1,028 2,145 1,394 236
Occupied Rental Units by Size in Beavercreek

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

Among renter households in this market, 29 percent have housing cost burden. Further, 15 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 Beavercreek

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,459. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $743
One BR $800
Two BR $1,023
Three BR $1,330
Four BR $1,459
2024 Fair Market Rents in Beavercreek, Ohio

How many units are rented at Fair Market Rent (FMR) in Beavercreek?

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
Studio 0 100 percent
One BR 125 12 percent
Two BR 213 10 percent
Rental Units Below FMR in Beavercreek, Ohio

How many affordable rental units are in Beavercreek?

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

Federal Program Unit Count
Public Housing 49
Section 8 Project-Based Rental Assistance 51
Section 202 Supportive Housing for the Elderly 57
Tracked Units by Federal Program in Beavercreek, Ohio

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

Income Based Apartments in Beavercreek, Ohio

Beavercreek features 50 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 Beavercreek, Ohio

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

Housing Choice Vouchers in Beavercreek, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Beavercreek, Ohio for a two-bedroom apartment is between $921 and $1,125.

Sourced from federal housing data and AffordableHousingOnline.com research.