Affordable Housing In Fayette County
23 Low Income Apartment Communities In Fayette County
Housing Authorities that serve Fayette County
|Fayette Metropolitan Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Fayette County, Ohio
There are 23 low income housing apartment communities offering 923 affordable apartments for rent in Fayette County, Ohio.
Income Based Apartments in Fayette County, Ohio
Fayette County features 368 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 Fayette County, Ohio
There are 555 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fayette County.
Housing Choice Vouchers in Fayette County, Ohio
On average, Section 8 Housing Choice vouchers pay Fayette County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Fayette County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Fayette County, OH Affordable Housing Snapshot
|Total Affordable Apartment Properties||23|
|Total Low Income Apartments||923|
|Total Housing Units with Rental Assistance||368|
|Percentage of Housing Units Occupied By Renters||39.92%|
|Average Renter Household Size||2.43|
|Average Household Size||2.44|
|Median Household Income||$40,503 ±$2,039|
|Median Rent||$688 ±$21|
|Percentage Of Renters Overburdened||46.54% ± 4.69pp|
Population and Household Demographics
Fayette County is a County in Ohio with a population of 28,769. There are 11,589 households in the county with an average household size of 2.44 persons. 39.92% of households in Fayette County are renters.
Income and Rent Overburden in Fayette County
The median gross income for households in Fayette County is $40,503 a year, or $3,375 a month. The median rent for the county is $688 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fayette County, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 46.54% of households who rent are overburdened in Fayette County.1
Area Median Income In Fayette County
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.
In Fayette County, HUD calculates the Area Median Income for a family of four as $54,300
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 Fayette County
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 Fayette County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,750||$16,910||$21,330||$25,750||$30,170||$34,590||$39,010||$43,200|
|50% of Median||$22,900||$26,200||$29,450||$32,700||$35,350||$37,950||$40,550||$43,200|
|80% of Median||$36,650||$41,850||$47,100||$52,300||$56,500||$60,700||$64,900||$69,050|
Cities In Fayette County
Select A City to View its Apartment Communities and Waiting Lists.
|Washington Court House||16||The HUD funded Public Housing Agency that serves Washington Court House is the Fayette Metropolitan Housing Authority.|
|Jeffersonville||4||The HUD funded Public Housing Agency that serves Jeffersonville is the Fayette Metropolitan Housing Authority.|
|New Holland||3||The HUD funded Public Housing Agency that serves New Holland is the Fayette Metropolitan Housing Authority.|