Lima, Ohio Affordable Housing

Affordable Housing programs support 1,203 income based apartments in Lima where households pay rent based on how much they earn.

There are 737 affordable apartments in Lima that offer reduced rents to low-income households.

Waiting Lists in Lima, Ohio

There are no open Section 8 Housing Choice Voucher waiting lists in Lima. Go to the Ohio Section 8 Waiting Lists page for openings near Lima.

Wilshire Place Apartments

1500 Deerfield Dr
Lima, Ohio
Income Based
2-3 BR
Rent Assisted

New Lima Homes

1910 W. Robb Avenue
Lima, Ohio
$563-734
4 BR

Lima Towers

790 S Main St
Lima, Ohio
Call For Rent
1 BR
Rent Assisted

Lima Apartments

760 E 4th Street
Lima, Ohio
Call For Rent
1-2 BR
Rent Assisted

43 Town Square

43 Town Square
Lima, Ohio
1 BR
Affordable

Spring Street Senior Lofts

656 W Spring St
Lima, Ohio
1 BR
Affordable

Maplewood Apartments

531 Brower Rd
Lima, Ohio
Call For Rent
1-3 BR
Rent Assisted

Greenway Apartments

710 N Main St
Lima, Ohio
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Nwc Corporation

1404 N West St
Lima, Ohio
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Robin Rogers Apartments

990 W Robb Ave
Lima, Ohio
Rent Assisted
62+
Accessible
Elderly Supportive Housing
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Affordable Housing Near Lima

View affordable apartments and waiting lists in cities near Lima

City Apartments
Delphos, OH Affordable Housing programs support 4 apartment communities in Delphos.
Bluffton, OH Affordable Housing programs support 2 apartment communities in Bluffton.
Spencerville, OH Affordable Housing programs support 1 apartment communities in Spencerville.

Public Housing Agencies Serving Lima, Ohio

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Allen Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Lima.

Lima, Ohio Affordable Housing Data

Income Based Apartments in Lima, Ohio

Lima features 1,203 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 Lima, Ohio

There are 737 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lima.

Housing Choice Vouchers in Lima, Ohio

On average, Section 8 Housing Choice vouchers pay Lima landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lima.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lima, Ohio for a two-bedroom apartment is between $769 and $939.

2023 Lima, 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
Lima, Ohio Fair Market Rent $657 $680 $854 $1,086 $1,246
Lima, Ohio Payment Standard Range $591 to $723 $612 to $748 $769 to $939 $977 to $1,195 $1,121 to $1,371

Sourced from federal housing data and AffordableHousingOnline.com research.

Lima, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 29
Total Low Income Apartments 2,000
Total Housing Units with Rental Assistance 1,203
Percentage of Housing Units Occupied By Renters 54.63%
Average Renter Household Size 2.46
Average Household Size 2.53
Median Household Income $29,922 ±$1,631
Median Rent $608 ±$17
Percentage Of Renters Overburdened 53.42% ± 4.39pp
Total Population 38,232

Population and Household Demographics

Lima is a city in Allen County, Ohio with a population of 38,232. There are 14,029 households in the city with an average household size of 2.53 persons. 54.63% of households in Lima are renters.

Income and Rent Overburden in Lima

The median gross income for households in Lima is $29,922 a year, or $2,494 a month. The median rent for the city is $608 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lima, a household making less than $2,027 a month would be considered overburdened when renting an apartment at or above the median rent. 53.42% of households who rent are overburdened in Lima.

Area Median Income In Lima

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 Lima, the AMI is calculated from all households within Allen County.

In Lima, HUD calculates the Area Median Income for a family of four as $77,300

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 Lima

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 HUD Rental Assistance in Lima

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Lima AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Lima AMI may qualify for rental assistance programs that target Very Low Income households.
$25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
80% AMI Income Limits
Renters earning up to 80% of the Lima AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,450 $53,400 $59,300 $64,050 $68,800 $73,550 $78,300