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

Discover affordable housing in Bolivar 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.

Bolivar Terrace Apt

738 Garberdale Sq Ne, Bolivar, Ohio

Bolivar Manor

S Garbardale Dr, Bolivar, Ohio 44612

calendar_today Opened: Feb 1
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bolivar, Ohio
$17.23/hour
$10.23 (+146%) more than Ohio minimum wage and $9.98 (+138%) more than the Federal minimum wage.
Learn More About Bolivar, Ohio Affordable Housing ↓

What HUD offices serve Bolivar, 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) programs for Bolivar, Ohio.

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

How many renters live in Bolivar, Ohio?

The City of Bolivar has 1,007 people living in 404 households.

There are 153 renters living in 101 renter households in this City. Renters make up 15.19 percent of the population living in Bolivar.

What is the rental market like in Bolivar, Ohio?

There are an estimated 428 housing units in the Bolivar area. Of these, 101 units are rental homes, making up 24 percent of the housing market. For every renter household in Bolivar, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Bolivar?

The rental vacancy rate in Bolivar is 0 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 Bolivar for each bedroom size?

Occupied Rental Units by Size in Bolivar
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 18 61 15 0
Occupied Rental Units by Size in Bolivar

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

Among renter households in this market, 52 percent have housing cost burden. Further, 32 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 Bolivar

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $688 to $1,319. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $688
One BR $693
Two BR $910
Three BR $1,158
Four BR $1,319
2024 Fair Market Rents in Bolivar, Ohio

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

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 12 67 percent
Two BR 38 62 percent
Rental Units Below FMR in Bolivar, Ohio

How many affordable rental units are in Bolivar?

Income Based Apartments in Bolivar, Ohio

Bolivar features 36 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 Bolivar, Ohio

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bolivar.

Housing Choice Vouchers in Bolivar, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bolivar, Ohio for a two-bedroom apartment is between $819 and $1,001.

Sourced from federal housing data and AffordableHousingOnline.com research.