What HUD offices serve Chesapeake, 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.
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Chesapeake.
How many renters live in Chesapeake, Ohio?
The City of Chesapeake has 1,163 people living in 550 households.
There are 298 renters living in 174 renter households in this City. Renters make up 25.62 percent of the population living in Chesapeake.
What is the rental market like in Chesapeake, Ohio?
There are an estimated 597 housing units in the Chesapeake area. Of these, 178 units are rental homes, making up 30 percent of the housing market. For every renter household in Chesapeake, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Chesapeake?
The rental vacancy rate in Chesapeake is 2 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 Chesapeake for each bedroom size?
Occupied Rental Units by Size in Chesapeake
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 26 | 107 | 39 | 2 |
Occupied Rental Units by Size in Chesapeake
A large number of apartments in Chesapeake 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 Chesapeake are overburdened by housing costs?
Among renter households in this market, 25 percent have housing cost burden. Further, 11 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 Chesapeake
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $793 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $793 |
| One BR | $815 |
| Two BR | $938 |
| Three BR | $1,236 |
| Four BR | $1,431 |
2024 Fair Market Rents in Chesapeake, Ohio
How many units are rented at Fair Market Rent (FMR) in Chesapeake?
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 |
| One BR | 17 | 65 percent |
| Two BR | 83 | 78 percent |
Rental Units Below FMR in Chesapeake, Ohio
How many affordable rental units are in Chesapeake?
Income Based Apartments in Chesapeake, Ohio
Chesapeake 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 Chesapeake, Ohio
There are 46 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chesapeake.
Housing Choice Vouchers in Chesapeake, Ohio
On average, Section 8 Housing Choice vouchers pay Chesapeake landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Chesapeake.
The maximum amount a voucher would pay on behalf of a low-income tenant in Chesapeake, Ohio for a two-bedroom apartment is between $844 and $1,032.
Sourced from federal housing data and AffordableHousingOnline.com research.
