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

Discover affordable housing in Bucyrus where there are 12+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bucyrus, Ohio
$16.29/hour
$9.29 (+133%) more than Ohio minimum wage and $9.04 (+125%) more than the Federal minimum wage.
Learn More About Bucyrus, Ohio Affordable Housing ↓

What HUD offices serve Bucyrus, 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 Bucyrus, Ohio.

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

How many renters live in Bucyrus, Ohio?

The City of Bucyrus has 11,643 people living in 5,149 households.

There are 4,038 renters living in 1,921 renter households in this City. Renters make up 34.68 percent of the population living in Bucyrus.

What is the rental market like in Bucyrus, Ohio?

There are an estimated 5,545 housing units in the Bucyrus area. Of these, 2,029 units are rental homes, making up 37 percent of the housing market. For every renter household in Bucyrus, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Bucyrus?

The rental vacancy rate in Bucyrus is 5 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 Bucyrus for each bedroom size?

Occupied Rental Units by Size in Bucyrus
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
128 381 795 534 83
Occupied Rental Units by Size in Bucyrus

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

Among renter households in this market, 39 percent have housing cost burden. Further, 13 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 Bucyrus

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $605 to $1,145. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $605
One BR $708
Two BR $860
Three BR $1,143
Four BR $1,145
2024 Fair Market Rents in Bucyrus, Ohio

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

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 57 45 percent
One BR 327 86 percent
Two BR 512 64 percent
Rental Units Below FMR in Bucyrus, Ohio

How many affordable rental units are in Bucyrus?

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

Federal Program Unit Count
Low Income Housing Tax Credit 150
Section 8 Project-Based Rental Assistance 76
Section 202 Supportive Housing for the Elderly 40
Section 811 Supportive Housing for Persons with Disabilities 15
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Bucyrus, Ohio

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

Income Based Apartments in Bucyrus, Ohio

Bucyrus features 244 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 Bucyrus, Ohio

There are 162 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bucyrus.

Housing Choice Vouchers in Bucyrus, Ohio

On average, Section 8 Housing Choice vouchers pay Bucyrus landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Bucyrus.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bucyrus, Ohio for a two-bedroom apartment is between $774 and $946.

Sourced from federal housing data and AffordableHousingOnline.com research.