What HUD offices serve Cincinnati, 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 Cincinnati.
How many renters live in Cincinnati, Ohio?
The City of Cincinnati has people living in households.
There are renters living in renter households in this City. Renters make up 53.09 percent of the population living in Cincinnati.
What is the rental market like in Cincinnati, Ohio?
There are an estimated housing units in the Cincinnati area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cincinnati, Ohio, there are 1.04 rental units.
What is the vacancy rate for rentals in Cincinnati?
The rental vacancy rate in Cincinnati is 4 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 Cincinnati for each bedroom size?
Occupied Rental Units by Size in Cincinnati
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 5,984 38,789 27,065 10,421 3,493 Occupied Rental Units by Size in Cincinnati
A large number of apartments in Cincinnati have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Cincinnati
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $810 One BR $919 Two BR $1,195 Three BR $1,588 Four BR $1,766 2024 Fair Market Rents in Cincinnati, Ohio
How many units are rented at Fair Market Rent (FMR) in Cincinnati?
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 2,877 48 percent One BR 24,699 64 percent Two BR 16,693 62 percent Rental Units Below FMR in Cincinnati, Ohio
How many affordable rental units are in Cincinnati?
There are a variety of federal affordable housing programs serving households in
Cincinnati, Ohio including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Cincinnati, Ohio
Income Based Apartments in Cincinnati, Ohio
Cincinnati features 14,005 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 Cincinnati, Ohio
There are 7,035 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cincinnati.
Housing Choice Vouchers in Cincinnati, Ohio
On average, Section 8 Housing Choice vouchers pay Cincinnati landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Cincinnati.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cincinnati, Ohio for a two-bedroom apartment is between $1,076 and $1,315.
Sourced from federal housing data and AffordableHousingOnline.com research.