Affordable Housing In Lebanon
Warren County, Ohio

8 Low Income Apartment Communities In Lebanon

La Luz Apartments

485 La Luz Blvd
Lebanon, OH
Income Based
1-3 BR
Subsidized

Cedar Terrace

6 S Cherry St
Lebanon, OH
Subsidized

Hunters Run

1030 Hunters Run Dr
Lebanon, OH
HCV Welcome

Station Hill

114 Dave Ave
Lebanon, OH
62+
Accessible
Elderly Supportive Housing
Subsidized

Lebanon Commons Apartments

343 Columbus Ave
Lebanon, OH
Subsidized

Bentley Woods

852 Franklin Rd
Lebanon, OH
62+
Accessible
Elderly Supportive Housing
Subsidized

Colony Square Village

118 Dave Ave
Lebanon, OH
HCV Welcome

Mae Smith Wellsbridge

990 E Ridge Dr
Lebanon, OH
  • «
  • 1
  • »

There are 8 low income housing apartment complexes which contain 461 affordable apartments for rent in Lebanon. Many of these rental apartments are income based housing with 357 apartments that set rent based on your income. In Lebanon, HUD housing programs support 124 rental assistance apartments through programs like Project-based Section 8. There are 104 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Lebanon

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

Guide To Affordable Housing in Lebanon, Ohio

Lebanon, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 461
Total Rent Assisted Apartments 357
Percentage of Housing Units Occupied By Renters 37.63%
Average Renter Household Size 2.60
Total Population 20,450
Housing Units 7,237
Average Household Size 2.75
Median Household Income $61,038 ±$5,057
Median Rent $761 ±$43
Percentage Of Renters Overburdened 39.96% ± 7.77pp

Population and Household Demographics

Lebanon is a City in Warren County, Ohio with a population of 20,450. There are 7,237 households in the city with an average household size of 2.75 persons. 37.63% of households in Lebanon are renters.

Income and Rent Overburden in Lebanon

The median gross income for households in Lebanon is $61,038 a year, or $5,087 a month. The median rent for the city is $761 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lebanon, a household making less than $2,537 a month would be considered overburdened when renting an apartment at or above the median rent. 39.96% of households who rent are overburdened in Lebanon.1

Area Median Income In Lebanon

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Lebanon, the AMI is calculated from all households within Warren County.

In Lebanon, HUD calculates the Area Median Income for a family of four as $81,300

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 Lebanon

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 Lebanon HUD Rental Assistance in Lebanon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,100 $19,550 $22,000 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $28,500 $32,550 $36,600 $40,650 $43,950 $47,200 $50,450 $53,700
80% of Median $45,550 $52,050 $58,550 $65,050 $70,300 $75,500 $80,700 $85,900
Low Income Housing Tax Credits in Lebanon

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

From 1995 to 2004, 3 low income apartment communities containing 176 rental apartments have been constructed and made affordable to low income persons in Lebanon 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 Lebanon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,500 $32,550 $36,600 $40,650 $43,950 $47,200 $50,450 $53,700
60% of Median $34,200 $39,060 $43,920 $48,780 $52,740 $56,640 $60,540 $64,440

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 Lebanon is $43,920 a year, or $3,660 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,660 by 30% to get a maximum rent of $1,098 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% $713 $763 $915 $1,058 $1,180 $1,302
60% $855 $916 $1,098 $1,269 $1,416 $1,562
Fair Market Rents in Lebanon

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$584 $670 $884 $1,223 $1,414