Affordable Housing In Franklin County
Ohio

329 Low Income Apartment Communities In Franklin County

Barnett Plaza Apartments

1400 Barnett Rd
Columbus, OH
Income Based
1-2 BR
Subsidized

Lamplighter Senior Village

1185 Lamplighter Dr
Grove City, OH
Call For Rent
2 BR
Accessible
Disabled Supportive Housing
HCV Welcome
Subsidized

Riverlodge Apartments

360 Broad Meadows Blvd
Columbus, OH
$675-825
1-3 BR
HCV Welcome
Subsidized

Canterbury Way

650 Canterbury Way
Columbus, OH
Income Based
2-3 BR
HCV Welcome

Lincoln Green

165 Milton Ct
Columbus, OH
Income Based
2-3 BR
Subsidized

Carriage House of Columbus

3535 Derbyshire Dr
Columbus, OH
Income Based
1-3 BR
Market Rate
Subsidized

Community Properties Of Ohio Management Services

910 E. Broad Street
Columbus, OH
Call For Rent
Studio BR
Subsidized

Cassady Village Apartments

3089 Cassady Village Trail
Columbus, OH
$531-800
1-3 BR
Subsidized

The Residences at Career Gateway

755 E.Whittier Street
Columbus, OH
Call For Rent
1-3 BR
HCV Welcome

Legacy Pointe at Poindexter

1245 Mt. Vernon Ave
Columbus, OH
Call For Rent
1-3 BR
HCV Welcome

Other Housing Authorities located in Franklin County

Housing Authority Programs
Columbus Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Franklin County, Ohio

According to federal housing data and AffordableHousingOnline.com research, there are 329 low income housing apartment communities offering 25,406 affordable apartments for rent in Franklin County, Ohio. Franklin County features 11,393 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 13,701 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Franklin County.

Franklin County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 329
Total Low Income Apartments 25,406
Total Housing Units with Rental Assistance 11,393
Percentage of Housing Units Occupied By Renters 46.18%
Average Renter Household Size 2.34
Average Household Size 2.47
Median Household Income $52,341 ±$432
Median Rent $845 ±$5
Percentage Of Renters Overburdened 44.49% ± 0.91pp
Total Population 1,215,761

Population and Household Demographics

Franklin County is a County in Ohio with a population of 1,215,761. There are 480,946 households in the county with an average household size of 2.47 persons. 46.18% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $52,341 a year, or $4,362 a month. The median rent for the county is $845 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,817 a month would be considered overburdened when renting an apartment at or above the median rent. 44.49% of households who rent are overburdened in Franklin County.1

Area Median Income In Franklin 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 Franklin County, HUD calculates the Area Median Income for a family of four as $78,000

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 Franklin 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 Franklin County HUD Rental Assistance in Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,400 $18,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,300 $31,200 $35,100 $39,000 $42,150 $45,250 $48,400 $51,500
80% of Median $43,700 $49,950 $56,200 $62,400 $67,400 $72,400 $77,400 $82,400
Low Income Housing Tax Credits in Franklin County

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

From 1987 to 2012, 186 low income apartment communities containing 15,488 rental apartments have been constructed and made affordable to low income persons in Franklin 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 Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,300 $31,200 $35,100 $39,000 $42,150 $45,250 $48,400 $51,500
60% of Median $32,760 $37,440 $42,120 $46,800 $50,580 $54,300 $58,080 $61,800

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 Franklin County is $42,120 a year, or $3,510 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,510 by 30% to get a maximum rent of $1,053 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% $683 $731 $878 $1,014 $1,131 $1,249
60% $819 $878 $1,053 $1,217 $1,358 $1,499
Fair Market Rents in Franklin 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
$677 $794 $992 $1,262 $1,449

Cities In Franklin County

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

City Listings Served By
Columbus 293 The HUD funded Public Housing Agency that serves Columbus is the Columbus Metropolitan Housing Authority.
Hilliard 9
Grove City 7
Gahanna 5
Blacklick 5
Whitehall 2
Obetz 1
Urbancrest 1
Worthington 2
Bexley 3
Groveport 2
New Albany 0
Brice 0
Darbydale 0
Grandview Heights 0
Huber Ridge 0
Lake Darby 0
Lincoln Village 0
Marble Cliff 0
Minerva Park 0
Upper Arlington 0
Valleyview 0
Blacklick Estates 0
Harrisburg 0
Lockbourne 0
Riverlea 0