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

Discover affordable housing in Miami County where there are 22+ 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.

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Miami County, Ohio
$19.38/hour
$12.38 (+177%) more than Ohio minimum wage and $12.13 (+167%) more than the Federal minimum wage.
Learn More About Miami County, Ohio Affordable Housing ↓

What HUD offices serve Miami County, 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 programs for Miami County, Ohio.

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

How many renters live in Miami County, Ohio?

The County of Miami County has 110,247 people living in 45,891 households.

There are 22,781 renters living in 12,107 renter households in this County. Renters make up 20.66 percent of the population living in Miami County.

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

There are an estimated 46,770 housing units in the Miami County area. Of these, 12,118 units are rental homes, making up 26 percent of the housing market. For every renter household in Miami County, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Miami County?

The rental vacancy rate in Miami County is 3 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 Miami County for each bedroom size?

Occupied Rental Units by Size in Miami County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
248 1,963 5,751 2,810 741
Occupied Rental Units by Size in Miami County

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

Among renter households in this market, 51 percent have housing cost burden. Further, 24 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 Miami County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,459. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $743
One BR $800
Two BR $1,023
Three BR $1,330
Four BR $1,459
2024 Fair Market Rents in Miami County, Ohio

How many units are rented at Fair Market Rent (FMR) in Miami 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 146 59 percent
One BR 1,286 66 percent
Two BR 3,941 69 percent
Rental Units Below FMR in Miami County, Ohio

How many affordable rental units are in Miami County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 862
Public Housing 127
Section 8 Project-Based Rental Assistance 617
USDA Section 515 Rural Rental Housing 33
Tracked Units by Federal Program in Miami County, Ohio

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

Income Based Apartments in Miami County, Ohio

Miami County features 786 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 Miami County, Ohio

There are 504 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miami County.

Housing Choice Vouchers in Miami County, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Miami County, Ohio for a two-bedroom apartment is between $921 and $1,125.

Sourced from federal housing data and AffordableHousingOnline.com research.