Affordable Housing In Geauga County
Ohio

4 Low Income Apartment Communities In Geauga County

Northview Apartments

14854 Northview Dr
Middlefield, OH
Subsidized

Bainbridge Manor Apartments

200 Shawnee St
Bainbridge, OH
Subsidized

Northview

14855 Northview Dr
Middlefield, OH
Subsidized

Scranton Woods Cloverdale

385 Center St
Chardon, OH
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Housing Authorities that serve Geauga County

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

Guide To Affordable Housing in Geauga County, Ohio

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 339 affordable apartments for rent in Geauga County, Ohio. Geauga County features 339 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Geauga County.

Geauga County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 339
Total Housing Units with Rental Assistance 339
Percentage of Housing Units Occupied By Renters 14.86%
Average Renter Household Size 2.34
Average Household Size 2.67
Median Household Income $72,430 ±$1,872
Median Rent $800 ±$43
Percentage Of Renters Overburdened 37.13% ± 5.03pp
Total Population 93,874

Population and Household Demographics

Geauga County is a County in Ohio with a population of 93,874. There are 34,774 households in the county with an average household size of 2.67 persons. 14.86% of households in Geauga County are renters.

Income and Rent Overburden in Geauga County

The median gross income for households in Geauga County is $72,430 a year, or $6,036 a month. The median rent for the county is $800 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Geauga County, a household making less than $2,667 a month would be considered overburdened when renting an apartment at or above the median rent. 37.13% of households who rent are overburdened in Geauga County.1

Area Median Income In Geauga 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 Geauga County, HUD calculates the Area Median Income for a family of four as $73,700

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 Geauga 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 Geauga County HUD Rental Assistance in Geauga County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,500 $17,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,800 $29,500 $33,200 $36,850 $39,800 $42,750 $45,700 $48,650
80% of Median $41,300 $47,200 $53,100 $58,950 $63,700 $68,400 $73,100 $77,850
Low Income Housing Tax Credits in Geauga County

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

From 1988 to 2007, 3 low income apartment communities containing 132 rental apartments have been constructed and made affordable to low income persons in Geauga 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 Geauga County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,800 $29,500 $33,200 $36,850 $39,800 $42,750 $45,700 $48,650
60% of Median $30,960 $35,400 $39,840 $44,220 $47,760 $51,300 $54,840 $58,380

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 Geauga County is $39,840 a year, or $3,320 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,320 by 30% to get a maximum rent of $996 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% $645 $691 $830 $958 $1,069 $1,179
60% $774 $830 $996 $1,150 $1,283 $1,415
Fair Market Rents in Geauga 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
$585 $691 $849 $1,119 $1,174

Cities In Geauga County

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

City Listings Served By
Middlefield 2 The HUD funded Public Housing Agency that serves Middlefield is the Geauga Metropolitan Housing Authority.
Bainbridge 1 The HUD funded Public Housing Agency that serves Bainbridge is the Geauga Metropolitan Housing Authority.
Aquilla 0
Burton 0
Chardon 1
South Russell 0
Chesterland 0