Low Income Apartments and Affordable Housing For Rent in Elyria, OH

Discover affordable housing in Elyria where there are 13+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Elyria, Ohio
$20.98/hour
$13.98 (+200%) more than Ohio minimum wage and $13.73 (+189%) more than the Federal minimum wage.
Learn More About Elyria, Ohio Affordable Housing ↓

What HUD offices serve Elyria, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Rental Assistance (PBRA) programs for Elyria, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Elyria.

How many renters live in Elyria, Ohio?

The City of Elyria has 52,780 people living in 23,119 households.

There are 20,466 renters living in 9,610 renter households in this City. Renters make up 38.78 percent of the population living in Elyria.

What is the rental market like in Elyria, Ohio?

There are an estimated 25,461 housing units in the Elyria area. Of these, 10,789 units are rental homes, making up 42 percent of the housing market. For every renter household in Elyria, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Elyria?

The rental vacancy rate in Elyria is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Elyria for each bedroom size?

Occupied Rental Units by Size in Elyria
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
463 2,267 3,587 2,776 394
Occupied Rental Units by Size in Elyria

A large number of apartments in Elyria 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 Elyria are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 24 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 Elyria

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $811 to $1,527. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $811
One BR $913
Two BR $1,108
Three BR $1,434
Four BR $1,527
2024 Fair Market Rents in Elyria, Ohio

How many units are rented at Fair Market Rent (FMR) in Elyria?

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 348 75 percent
One BR 1,901 84 percent
Two BR 2,696 75 percent
Rental Units Below FMR in Elyria, Ohio

How many affordable rental units are in Elyria?

There are a variety of federal affordable housing programs serving households in Elyria, Ohio including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,042
Public Housing 383
Section 8 Project-Based Rental Assistance 746
Tracked Units by Federal Program in Elyria, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Elyria, Ohio

Elyria features 1,094 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 Elyria, Ohio

There are 246 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elyria.

Housing Choice Vouchers in Elyria, Ohio

On average, Section 8 Housing Choice vouchers pay Elyria landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Elyria.

The maximum amount a voucher would pay on behalf of a low-income tenant in Elyria, Ohio for a two-bedroom apartment is between $997 and $1,219.

Sourced from federal housing data and AffordableHousingOnline.com research.