Affordable Housing In Geauga County
4 Low Income Apartment Communities In Geauga County
Housing Authorities that serve Geauga County
|Geauga Metropolitan Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Geauga County, Ohio
There are 4 low income housing apartment communities offering 339 affordable apartments for rent in Geauga County, Ohio.
Income Based Apartments in Geauga County, Ohio
Geauga County features 339 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 Geauga County, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Geauga County.
Housing Choice Vouchers in Geauga County, Ohio
On average, Section 8 Housing Choice vouchers pay Geauga County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Geauga County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Geauga County, Ohio for a two-bedroom apartment is between $764 and $934.
2020 Geauga County, Ohio Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$585||$691||$849||$1,119||$1,174|
|Payment Standard Range||$527 to $644||$622 to $760||$764 to $934||$1,007 to $1,231||$1,057 to $1,291|
Sourced from federal housing data and AffordableHousingOnline.com research.
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|
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|
Cities In Geauga County
Select A City to View its Apartment Communities and Waiting Lists.
|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.|