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Affordable Housing In Cortland
Trumbull County, Ohio

5 Low Income Apartment Communities In Cortland

Walnut Run

105 Sunshine Ave
Cortland, Ohio
Call For Rent
2 BR
Accepts Vouchers

Cortland Affordable Senior Housing

100 Creekside Cmns
Cortland, Ohio
Subsidized
62+
Accessible
Elderly Supportive Housing

Cortview Village

100 Cortview Dr
Cortland, Ohio
Subsidized

Pauni Apartments

1000 Liberty Blvd
Cortland, Ohio
Subsidized

Walnut Run Senior Homes

4589 Phillips Rice Rd
Cortland, Ohio
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Housing Authorities that serve Cortland

Housing Authority Programs
Trumbull Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Cortland, Ohio

There are 5 low income housing apartment communities offering 488 affordable apartments for rent in Cortland, Ohio.

Income Based Apartments in Cortland, Ohio

Cortland features 408 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 Cortland, Ohio

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cortland.

Housing Choice Vouchers in Cortland, Ohio

On average, Section 8 Housing Choice vouchers pay Cortland landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Cortland.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cortland, Ohio for a two-bedroom apartment is between $630 and $770.

2020 Cortland, 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 $482 $557 $700 $917 $1,003
Payment Standard Range $434 to $530 $501 to $613 $630 to $770 $825 to $1,009 $903 to $1,103

Sourced from federal housing data and AffordableHousingOnline.com research.

Cortland, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 488
Total Housing Units with Rental Assistance 408
Percentage of Housing Units Occupied By Renters 29.46%
Average Renter Household Size 1.64
Average Household Size 2.21
Median Household Income $60,257 ±$6,362
Median Rent $638 ±$68
Percentage Of Renters Overburdened 41.93% ± 13.46pp
Total Population 7,001

Population and Household Demographics

Cortland is a city in Trumbull County, Ohio with a population of 7,001. There are 3,133 households in the city with an average household size of 2.21 persons. 29.46% of households in Cortland are renters.

Income and Rent Overburden in Cortland

The median gross income for households in Cortland is $60,257 a year, or $5,021 a month. The median rent for the city is $638 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cortland, a household making less than $2,127 a month would be considered overburdened when renting an apartment at or above the median rent. 41.93% of households who rent are overburdened in Cortland.

Area Median Income In Cortland

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 Cortland, the AMI is calculated from all households within Trumbull County.

In Cortland, HUD calculates the Area Median Income for a family of four as $60,700

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 Cortland

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 Cortland

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