How many renters live in Groveport, Ohio?
The City of Groveport has 5,928 people living in 2,186 households.
There are 1,860 renters living in 649 renter households in this City. Renters make up 31.38 percent of the population living in Groveport.
What is the rental market like in Groveport, Ohio?
There are an estimated 2,314 housing units in the Groveport area. Of these, 681 units are rental homes, making up 29 percent of the housing market. For every renter household in Groveport, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Groveport?
The rental vacancy rate in Groveport is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Groveport for each bedroom size?
Occupied Rental Units by Size in Groveport
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 15 | 73 | 281 | 175 | 99 |
Occupied Rental Units by Size in Groveport
A large number of apartments in Groveport have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Groveport are overburdened by housing costs?
Among renter households in this market, 20 percent have housing cost burden. Further, 8 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Groveport
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $970 to $1,745. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $970 |
| One BR | $1,065 |
| Two BR | $1,302 |
| Three BR | $1,574 |
| Four BR | $1,745 |
2024 Fair Market Rents in Groveport, Ohio
How many units are rented at Fair Market Rent (FMR) in Groveport?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 13 | 87 percent |
| One BR | 73 | 100 percent |
| Two BR | 214 | 76 percent |
Rental Units Below FMR in Groveport, Ohio
How many affordable rental units are in Groveport?
There are a variety of federal affordable housing programs serving households in Groveport, Ohio including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 100 |
| Section 202 Supportive Housing for the Elderly | 48 |
Tracked Units by Federal Program in Groveport, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Groveport, Ohio
Groveport features 48 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 Groveport, Ohio
There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Groveport.
Housing Choice Vouchers in Groveport, Ohio
On average, Section 8 Housing Choice vouchers pay Groveport landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Groveport.
The maximum amount a voucher would pay on behalf of a low-income tenant in Groveport, Ohio for a two-bedroom apartment is between $1,172 and $1,432.
Sourced from federal housing data and AffordableHousingOnline.com research.
