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Affordable Housing In Carey
Wyandot County, Ohio

3 Low Income Apartment Communities In Carey

Hickory Tree Apartments

531 S. Patterson
Carey, Ohio
1 BR

Meadow Glen Apartments

2611 County Highway 96
Carey, Ohio

Westown Manor

Sheepshed Rd
Carey, Ohio
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Housing Authorities that serve Carey

Housing Authority Programs
Hancock Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Carey, Ohio

There are 3 low income housing apartment communities offering 236 affordable apartments for rent in Carey, Ohio.

Income Based Apartments in Carey, Ohio

Carey features 186 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 Carey, Ohio

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carey.

Housing Choice Vouchers in Carey, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carey, Ohio for a two-bedroom apartment is between $626 and $766.

2020 Carey, 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 $517 $539 $696 $867 $943
Payment Standard Range $465 to $569 $485 to $593 $626 to $766 $780 to $954 $849 to $1,037

Sourced from federal housing data and research.

Carey, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 236
Total Housing Units with Rental Assistance 186
Percentage of Housing Units Occupied By Renters 36.17%
Average Renter Household Size 2.11
Average Household Size 2.31
Median Household Income $40,710 ±$5,918
Median Rent $581 ±$57
Percentage Of Renters Overburdened 30.66% ± 12.94pp
Total Population 3,513

Population and Household Demographics

Carey is a city in Wyandot County, Ohio with a population of 3,513. There are 1,515 households in the city with an average household size of 2.31 persons. 36.17% of households in Carey are renters.

Income and Rent Overburden in Carey

The median gross income for households in Carey is $40,710 a year, or $3,393 a month. The median rent for the city is $581 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carey, a household making less than $1,937 a month would be considered overburdened when renting an apartment at or above the median rent. 30.66% of households who rent are overburdened in Carey.

Area Median Income In Carey

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 Carey, the AMI is calculated from all households within Wyandot County.

In Carey, HUD calculates the Area Median Income for a family of four as $64,000

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 Carey

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 Carey

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,000
50% of Median $22,800 $26,050 $29,300 $32,550 $35,200 $37,800 $40,400 $43,000
80% of Median $36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800