How many renters live in Ohio?
The State of Ohio has 38,300 people living in 15,262 households.
There are 7,918 renters living in 3,448 renter households in this State. Renters make up 20.67 percent of the population living in Ohio.
What is the rental market like in Ohio?
There are an estimated 16,563 housing units in the Ohio area. Of these, 3,703 units are rental homes, making up 22 percent of the housing market. For every renter household in Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Ohio?
The rental vacancy rate in Ohio is 6 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 Ohio for each bedroom size?
Occupied Rental Units by Size in Ohio
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 85 | 516 | 1,375 | 1,147 | 294 |
Occupied Rental Units by Size in Ohio
A large number of apartments in Ohio 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 Ohio are overburdened by housing costs?
Among renter households in this market, 32 percent have housing cost burden. Further, 19 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 many units are rented at Fair Market Rent (FMR) in Ohio?
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 | 29 | 34 percent |
| One BR | 299 | 58 percent |
| Two BR | 782 | 57 percent |
Rental Units Below FMR in Ohio
How many affordable rental units are in Ohio?
There are a variety of federal affordable housing programs serving households in Ohio including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 180 |
| Section 8 Project-Based Rental Assistance | 210 |
| Section 811 Supportive Housing for Persons with Disabilities | 6 |
| USDA Section 515 Rural Rental Housing | 84 |
Tracked Units by Federal Program in Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ohio
Ohio features 137,234 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 Ohio
There are 78,031 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ohio.
Housing Choice Vouchers in Ohio
On average, Section 8 Housing Choice vouchers pay Ohio landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Ohio.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ohio for a two-bedroom apartment is between $788 and $964.
Sourced from federal housing data and AffordableHousingOnline.com research.
