Beloit, Ohio Affordable Housing

Affordable Housing programs support 0 income based apartments in Beloit where households pay rent based on how much they earn.

There are 96 affordable apartments in Beloit that offer reduced rents to low-income households.

Waiting Lists in Beloit, Ohio

There are no open Section 8 Housing Choice Voucher waiting lists in Beloit. Go to the Ohio Section 8 Waiting Lists page for openings near Beloit.

Beloit Ctry Gdn Apartments

18391 5th St
Beloit, Ohio
Affordable
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Affordable Housing Near Beloit

View affordable apartments and waiting lists in cities near Beloit

City Apartments
Youngstown, OH Affordable Housing programs support 50 apartment communities in Youngstown.
Alliance, OH Affordable Housing programs support 18 apartment communities in Alliance.
Boardman, OH Affordable Housing programs support 3 apartment communities in Boardman.
Campbell, OH Affordable Housing programs support 3 apartment communities in Campbell.
Austintown, OH Affordable Housing programs support 2 apartment communities in Austintown.

Public Housing Agencies Serving Beloit, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Youngstown Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Beloit.

Beloit, Ohio Affordable Housing Data

Income Based Apartments in Beloit, Ohio

Beloit features 0 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 Beloit, Ohio

There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beloit.

Housing Choice Vouchers in Beloit, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Beloit, Ohio for a two-bedroom apartment is between $715 and $873.

2023 Beloit, 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
Beloit, Ohio Fair Market Rent $573 $632 $794 $1,050 $1,113
Beloit, Ohio Payment Standard Range $516 to $630 $569 to $695 $715 to $873 $945 to $1,155 $1,002 to $1,224

Sourced from federal housing data and AffordableHousingOnline.com research.

Beloit, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 96
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 33.26%
Average Renter Household Size 1.73
Average Household Size 2.13
Median Household Income $27,986 ±$5,553
Median Rent $473 ±$66
Percentage Of Renters Overburdened 30.86% ± 17.11pp
Total Population 1,039

Population and Household Demographics

Beloit is a city in Mahoning County, Ohio with a population of 1,039. There are 487 households in the city with an average household size of 2.13 persons. 33.26% of households in Beloit are renters.

Income and Rent Overburden in Beloit

The median gross income for households in Beloit is $27,986 a year, or $2,332 a month. The median rent for the city is $473 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Beloit, a household making less than $1,577 a month would be considered overburdened when renting an apartment at or above the median rent. 30.86% of households who rent are overburdened in Beloit.

Area Median Income In Beloit

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 Beloit, the AMI is calculated from all households within Mahoning County.

In Beloit, HUD calculates the Area Median Income for a family of four as $65,200

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 Beloit

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 Beloit

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Beloit AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Beloit AMI may qualify for rental assistance programs that target Very Low Income households.
$25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
80% AMI Income Limits
Renters earning up to 80% of the Beloit AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,450 $53,400 $59,300 $64,050 $68,800 $73,550 $78,300