How many renters live in Hilliard, Ohio?
The City of Hilliard has people living in households.
There are renters living in renter households in this City. Renters make up 23.08 percent of the population living in Hilliard.
What is the rental market like in Hilliard, Ohio?
There are an estimated housing units in the Hilliard area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hilliard, Ohio, there are 1.11 rental units.
What is the vacancy rate for rentals in Hilliard?
The rental vacancy rate in Hilliard is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Hilliard for each bedroom size?
Occupied Rental Units by Size in Hilliard
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 305 | 925 | 1,882 | 848 | 60 |
Occupied Rental Units by Size in Hilliard
A large number of apartments in Hilliard have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Hilliard
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 Hilliard, Ohio
How many units are rented at Fair Market Rent (FMR) in Hilliard?
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 | 66 | 22 percent |
| One BR | 293 | 32 percent |
| Two BR | 436 | 23 percent |
Rental Units Below FMR in Hilliard, Ohio
How many affordable rental units are in Hilliard?
There are a variety of federal affordable housing programs serving households in Hilliard, Ohio including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Hilliard, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hilliard, Ohio
Hilliard features 118 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 Hilliard, Ohio
There are 360 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hilliard.
Housing Choice Vouchers in Hilliard, Ohio
On average, Section 8 Housing Choice vouchers pay Hilliard landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Hilliard.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hilliard, Ohio for a two-bedroom apartment is between $1,172 and $1,432.
Sourced from federal housing data and AffordableHousingOnline.com research.