Affordable Housing In Lawrence County

16 Low Income Apartment Communities In Lawrence County

Lawrence Manor

1035 County Rd 1
South Point, OH
Call For Rent
1-2 BR
HCV Welcome

Sherman Thompson Towers

275 N 3rd St
Ironton, OH
Income Based
1-2 BR
HCV Welcome

Lawrence Village

1097 County Road 1
South Point, OH

Lawrence Commons

223 Township Road 1186
South Point, OH

Sheridan Manor Apartments

1365 County Road 1
South Point, OH

Riverview Apartments

21602 State Route 243
Proctorville, OH
HCV Welcome

River Hills Apartments

703 S 9th St
Ironton, OH

River Hills Apartments

720 Washington St
Ironton, OH

Harbour Terrace

RR 3
Chesapeake, OH
HCV Welcome

Park Avenue Apartments

202 Park Ave
Ironton, OH
HCV Welcome

Other Housing Authorities located in Lawrence County

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

Guide To Affordable Housing in Lawrence County, Ohio

According to federal housing data and research, there are 16 low income housing apartment communities offering 922 affordable apartments for rent in Lawrence County, Ohio. Lawrence County features 564 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 358 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Lawrence County.

Lawrence County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 922
Total Housing Units with Rental Assistance 564
Percentage of Housing Units Occupied By Renters 25.8%
Average Renter Household Size 2.53
Average Household Size 2.60
Median Household Income $42,874 ±$2,372
Median Rent $652 ±$28
Percentage Of Renters Overburdened 44.34% ± 4.79pp
Total Population 61,827

Population and Household Demographics

Lawrence County is a County in Ohio with a population of 61,827. There are 23,548 households in the county with an average household size of 2.60 persons. 25.8% of households in Lawrence County are renters.

Income and Rent Overburden in Lawrence County

The median gross income for households in Lawrence County is $42,874 a year, or $3,573 a month. The median rent for the county is $652 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lawrence County, a household making less than $2,173 a month would be considered overburdened when renting an apartment at or above the median rent. 44.34% of households who rent are overburdened in Lawrence County.1

Area Median Income In Lawrence 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 Lawrence County, HUD calculates the Area Median Income for a family of four as $56,400

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 Lawrence 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 Lawrence County HUD Rental Assistance in Lawrence County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $32,750 $35,000 $37,250
50% of Median $19,750 $22,600 $25,400 $28,200 $30,500 $32,750 $35,000 $37,250
80% of Median $31,600 $36,100 $40,600 $45,100 $48,750 $52,350 $55,950 $59,550
Low Income Housing Tax Credits in Lawrence 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 2001, 9 low income apartment communities containing 348 rental apartments have been constructed and made affordable to low income persons in Lawrence 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 Lawrence County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,750 $22,600 $25,400 $28,200 $30,500 $32,750 $35,000 $37,250
60% of Median $23,700 $27,120 $30,480 $33,840 $36,600 $39,300 $42,000 $44,700

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 Lawrence County is $30,480 a year, or $2,540 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,540 by 30% to get a maximum rent of $762 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% $494 $529 $635 $734 $819 $903
60% $593 $635 $762 $881 $983 $1,084
Fair Market Rents in Lawrence 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
$553 $669 $808 $1,086 $1,278

Cities In Lawrence County

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

City Listings Served By
South Point 5
Chesapeake 3
Ironton 7 The HUD funded Public Housing Agency that serves Ironton is the Ironton Metropolitan Housing Authority.
Proctorville 1
Athalia 0
Burlington 0
Hanging Rock 0
Coal Grove 0