Low Income Apartments and Affordable Housing For Rent in Franklin County, OH

Discover affordable housing in Franklin County where there are 353+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Monarch Manor Apartments

4373 Ruston Avenue, Columbus, Ohio 43230

Riverlodge Apartments

360 Broad Meadows Blvd, Columbus, Ohio 43214

Lamplighter Senior Village l & ll

1185 Lamplighter Dr, Grove City, Ohio 43123

Barnett Plaza Apartments

1400 Barnett Rd, Columbus, Ohio 43227

Canterbury Way

650 Canterbury Way, Columbus, Ohio 43213

Groveport Senior Village

5120 Hendron Rd, Groveport, Ohio 43125

Community Properties Of Ohio Management Services

910 E Broad St, Columbus, Ohio 43205

Lincoln Green

165 Milton Ct, Columbus, Ohio 43228

Southpark Apartments

841 Greenfield Drive, Columbus, Ohio 43223

Capital Park

2144 Agler Rd , Columbus, Ohio 43224

Arrowleaf Apartments

2060 Shirlene Drive, Grove City, Ohio 43123

Nelson Park Apartments

1994 Maryland Ave, Columbus, Ohio 43219

Marigold Hill

1406 N 5th St , Columbus, Ohio 43201

City View Homes

107 S Cypress Ave , Columbus, Ohio 43222

Griggs Village Apartments

721 Griggs Ave, Columbus, Ohio 43223

Collins Rd Props Dba Castleton Gardens

1620 Lonsdale Rd, Columbus, Ohio 43232

St George on the Commons

4800 Knightsbridge Blvd, Columbus, Ohio 43214

Sturbridge Green

3750 Sturbridge Ct, Hilliard, Ohio 43026

Southpointe Village

3940 Southpoint Blvd, Columbus, Ohio 43207

Laurel Green

6079 NORTHGATE RD, Columbus, Ohio 43229

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Franklin County, Ohio
$24.66/hour
$17.66 (+252%) more than Ohio minimum wage and $17.41 (+240%) more than the Federal minimum wage.
Learn More About Franklin County, Ohio Affordable Housing ↓

How many renters live in Franklin County, Ohio?

The County of Franklin County has 1,321,820 people living in 550,153 households.

There are 562,287 renters living in 261,428 renter households in this County. Renters make up 42.54 percent of the population living in Franklin County.

What is the rental market like in Franklin County, Ohio?

There are an estimated 594,813 housing units in the Franklin County area. Of these, 278,974 units are rental homes, making up 47 percent of the housing market. For every renter household in Franklin County, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Franklin County?

The rental vacancy rate in Franklin County is 5 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 Franklin County for each bedroom size?

Occupied Rental Units by Size in Franklin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9,036 68,185 122,676 51,471 8,968
Occupied Rental Units by Size in Franklin County

A large number of apartments in Franklin County 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 Franklin County are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 23 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 Franklin County

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 Franklin County, Ohio

How many units are rented at Fair Market Rent (FMR) in Franklin County?

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 4,305 48 percent
One BR 35,259 52 percent
Two BR 64,042 52 percent
Rental Units Below FMR in Franklin County, Ohio

How many affordable rental units are in Franklin County?

There are a variety of federal affordable housing programs serving households in Franklin County, Ohio including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 19,549
Public Housing 125
Section 8 Project-Based Rental Assistance 7,979
Section 202 Supportive Housing for the Elderly 1,020
Section 811 Supportive Housing for Persons with Disabilities 295
Tracked Units by Federal Program in Franklin County, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Franklin County, Ohio

Franklin County features 10,294 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 Franklin County, Ohio

There are 14,727 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franklin County.

Housing Choice Vouchers in Franklin County, Ohio

On average, Section 8 Housing Choice vouchers pay Franklin County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Franklin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franklin County, Ohio for a two-bedroom apartment is between $1,172 and $1,432.

Sourced from federal housing data and AffordableHousingOnline.com research.