Low Income Apartments and Affordable Housing For Rent in Masury, OH

Discover affordable housing in Masury where there are 2+ 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.

Valley West

529 Brookfield Ave, Masury, Ohio 44438

Hilltop Gardens

8111 Addison Rd, Masury, Ohio 44438

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Masury, Ohio
$16.29/hour
$9.29 (+133%) more than Ohio minimum wage and $9.04 (+125%) more than the Federal minimum wage.
Learn More About Masury, Ohio Affordable Housing ↓

What HUD offices serve Masury, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for Masury, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Masury.

How many renters live in Masury, Ohio?

The City of Masury has 2,212 people living in 1,074 households.

There are 710 renters living in 291 renter households in this City. Renters make up 32.1 percent of the population living in Masury.

What is the rental market like in Masury, Ohio?

There are an estimated 1,224 housing units in the Masury area. Of these, 291 units are rental homes, making up 24 percent of the housing market. For every renter household in Masury, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Masury?

The rental vacancy rate in Masury is 0 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 Masury for each bedroom size?

Occupied Rental Units by Size in Masury
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 136 149 0
Occupied Rental Units by Size in Masury

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

Among renter households in this market, 21 percent have housing cost burden. Further, 10 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 Masury

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,198. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $683
Two BR $860
Three BR $1,133
Four BR $1,198
2024 Fair Market Rents in Masury, Ohio

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

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
Two BR 92 68 percent
Rental Units Below FMR in Masury, Ohio

How many affordable rental units are in Masury?

Income Based Apartments in Masury, Ohio

Masury features 50 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 Masury, Ohio

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Masury.

Housing Choice Vouchers in Masury, Ohio

On average, Section 8 Housing Choice vouchers pay Masury landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Masury.

The maximum amount a voucher would pay on behalf of a low-income tenant in Masury, Ohio for a two-bedroom apartment is between $774 and $946.

Sourced from federal housing data and AffordableHousingOnline.com research.