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

Discover affordable housing in Fairborn where there are 9+ 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.

Landmark Village

264 Landmark Ct, Fairborn, Ohio 45324

Fairborn Apartments

300 June Drive, Fairborn, Ohio 45324

Hawthorn Landing Apartments

2701 Old Yellow Springs Rd, Fairborn, Ohio 45324

Fairborn

801 Cold Springs Ct, Fairborn, Ohio 45324

Fairborn Senior Apartments

221 N Central Ave, Fairborn, Ohio 45324

Peppertree Villas

1458 Spicetree Cir, Fairborn, Ohio 45324

Peppertree Villas Phase II

1450 Spicetree Cir, Fairborn, Ohio 45324

Wilhelm Rentals

311 Wallace Dr, Fairborn, Ohio 45324

Evergreen Park Apartments

2401 Roseanne Ct, Fairborn, Ohio 45324

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fairborn, Ohio
$19.38/hour
$12.38 (+177%) more than Ohio minimum wage and $12.13 (+167%) more than the Federal minimum wage.
Learn More About Fairborn, Ohio Affordable Housing ↓

What HUD offices serve Fairborn, 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 Fairborn, Ohio.

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

How many renters live in Fairborn, Ohio?

The City of Fairborn has 34,494 people living in 15,875 households.

There are 16,473 renters living in 8,167 renter households in this City. Renters make up 47.76 percent of the population living in Fairborn.

What is the rental market like in Fairborn, Ohio?

There are an estimated 17,067 housing units in the Fairborn area. Of these, 8,677 units are rental homes, making up 51 percent of the housing market. For every renter household in Fairborn, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Fairborn?

The rental vacancy rate in Fairborn is 5 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 Fairborn for each bedroom size?

Occupied Rental Units by Size in Fairborn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
335 1,617 4,010 1,628 547
Occupied Rental Units by Size in Fairborn

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

Among renter households in this market, 47 percent have housing cost burden. Further, 21 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 Fairborn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,459. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $743
One BR $800
Two BR $1,023
Three BR $1,330
Four BR $1,459
2024 Fair Market Rents in Fairborn, Ohio

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

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 176 53 percent
One BR 1,002 62 percent
Two BR 2,493 62 percent
Rental Units Below FMR in Fairborn, Ohio

How many affordable rental units are in Fairborn?

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

Federal Program Unit Count
Low Income Housing Tax Credit 583
Public Housing 135
Section 8 Project-Based Rental Assistance 342
Tracked Units by Federal Program in Fairborn, Ohio

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

Income Based Apartments in Fairborn, Ohio

Fairborn features 477 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 Fairborn, Ohio

There are 486 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairborn.

Housing Choice Vouchers in Fairborn, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fairborn, Ohio for a two-bedroom apartment is between $921 and $1,125.

Sourced from federal housing data and AffordableHousingOnline.com research.