How many renters live in Matamoras, Ohio?
The City of Matamoras has 1,154 people living in 453 households.
There are 622 renters living in 285 renter households in this City. Renters make up 53.9 percent of the population living in Matamoras.
What is the rental market like in Matamoras, Ohio?
There are an estimated 528 housing units in the Matamoras area. Of these, 285 units are rental homes, making up 54 percent of the housing market. For every renter household in Matamoras, Ohio, there are 1 rental units.
What is the vacancy rate for rentals in Matamoras?
The rental vacancy rate in Matamoras 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 Matamoras for each bedroom size?
Occupied Rental Units by Size in Matamoras
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 49 | 76 | 69 | 91 |
Occupied Rental Units by Size in Matamoras
A large number of apartments in Matamoras 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 Matamoras are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 40 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 Matamoras
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $654 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $654 |
| One BR | $659 |
| Two BR | $860 |
| Three BR | $1,114 |
| Four BR | $1,224 |
2024 Fair Market Rents in Matamoras, Ohio
How many units are rented at Fair Market Rent (FMR) in Matamoras?
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 |
| One BR | 43 | 88 percent |
| Two BR | 62 | 82 percent |
Rental Units Below FMR in Matamoras, Ohio
How many affordable rental units are in Matamoras?
There are a variety of federal affordable housing programs serving households in Matamoras, Ohio including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 91 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Matamoras, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Matamoras, Ohio
Matamoras features 92 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 Matamoras, Ohio
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Matamoras.
Housing Choice Vouchers in Matamoras, Ohio
On average, Section 8 Housing Choice vouchers pay Matamoras landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Matamoras.
The maximum amount a voucher would pay on behalf of a low-income tenant in Matamoras, Ohio for a two-bedroom apartment is between $774 and $946.
Sourced from federal housing data and AffordableHousingOnline.com research.
