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

Discover affordable housing in Euclid where there are 6+ 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.

Kenwood Crossing Apartments

415 E 222nd St, Euclid, Ohio 44123

Village of Euclid Apartments

27300 Euclid Ave, Euclid, Ohio 44132

Summerwood Commons

19500 Euclid Ave , Euclid, Ohio 44117

Willo Arms Apartments

27201 Brush Ave, Euclid, Ohio 44132

Euclid Villa

100 Richmond Rd, Euclid, Ohio 44143

Rolling Hills Apartments at Euclid

25400 Euclid Ave, Euclid, Ohio 44117

calendar_today Opened: Nov 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Euclid, 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 Euclid, Ohio Affordable Housing ↓

What HUD offices serve Euclid, 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 programs for Euclid, Ohio.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Euclid, Ohio.
Operates the Mainstream Voucher, Shelter Plus Care programs for Euclid, Ohio.

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

How many renters live in Euclid, Ohio?

The City of Euclid has 49,279 people living in 22,706 households.

There are 26,266 renters living in 12,779 renter households in this City. Renters make up 53.3 percent of the population living in Euclid.

What is the rental market like in Euclid, Ohio?

There are an estimated 25,617 housing units in the Euclid area. Of these, 13,726 units are rental homes, making up 54 percent of the housing market. For every renter household in Euclid, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Euclid?

The rental vacancy rate in Euclid 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 Euclid for each bedroom size?

Occupied Rental Units by Size in Euclid
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
245 3,898 4,928 3,135 476
Occupied Rental Units by Size in Euclid

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

Among renter households in this market, 51 percent have housing cost burden. Further, 30 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 Euclid

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 Euclid, Ohio

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

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 92 38 percent
One BR 3,005 77 percent
Two BR 3,480 71 percent
Rental Units Below FMR in Euclid, Ohio

How many affordable rental units are in Euclid?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,092
Section 8 Project-Based Rental Assistance 354
Tracked Units by Federal Program in Euclid, Ohio

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

Income Based Apartments in Euclid, Ohio

Euclid features 505 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 Euclid, Ohio

There are 1,692 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Euclid.

Housing Choice Vouchers in Euclid, Ohio

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.