Affordable Housing In Fayette County

23 Low Income Apartment Communities In Fayette County

Fayette Landing Apartments

2825 US Highway 22 SW
Washington Court House, OH
1 BR
HCV Welcome

Heritage Greene

1001 Lewis St
Washington Court House, OH
1-2 BR
HCV Welcome

Grace Meadows

467 Woodsview Sq
Jeffersonville, OH
1-3 BR

Beaumont Place

113 Beaumont Ct
New Holland, OH
2-3 BR

Summer Tree Terrace

71 N Main St
Jeffersonville, OH
2 BR
HCV Welcome

Zacharys crossing

698 Linden Ave
Washington Court House, OH
2-4 BR
HCV Welcome

Ivy Glen

1350 Forest St
Washington Court House, OH
2-4 BR
HCV Welcome

Jeffersonville Green

11 Colonial Dr
Jeffersonville, OH
Call For Rent
2-3 BR

Holland Terrace

293 S Main St
New Holland, OH
Call For Rent
1-2 BR

The Village Phase I

611 Village Court
Washington Court House, OH
Call For Rent
1-2 BR

Housing Authorities that serve Fayette County

Housing Authority Programs
Fayette Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Fayette County, Ohio

According to federal housing data and research, there are 23 low income housing apartment communities offering 923 affordable apartments for rent in Fayette County, Ohio. Fayette County features 368 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 555 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Fayette County.

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
Total Population 28,769

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 Fayette County 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
Low Income Housing Tax Credits in Fayette County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2008, 10 low income apartment communities containing 488 rental apartments have been constructed and made affordable to low income persons in Fayette County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Fayette County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
60% of Median $27,480 $31,440 $35,340 $39,240 $42,420 $45,540 $48,660 $51,840

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Fayette County is $35,340 a year, or $2,945 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,945 by 30% to get a maximum rent of $884 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $573 $614 $736 $851 $949 $1,047
60% $687 $737 $884 $1,021 $1,139 $1,256
Fair Market Rents in Fayette County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$508 $583 $737 $918 $1,057

Cities In Fayette County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
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.
Bloomingburg 0
Good Hope 0
Milledgeville 0
Octa 0
Pancoastburg 0