Low Income Apartments and Affordable Housing For Rent in New Holland, OH

Discover affordable housing in New Holland where there are 3+ 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.

Beaumont Place

113 Beaumont Ct, New Holland, Ohio 43145

Holland Terrace

293 S Main St, New Holland, Ohio 43145

Kearney Court Apartments

Egypt Pike And Beaumont Dr, New Holland, Ohio 43145

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Holland, 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 New Holland, Ohio Affordable Housing ↓

What HUD offices serve New Holland, 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) programs for New Holland, Ohio.

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

How many renters live in New Holland, Ohio?

The City of New Holland has 909 people living in 344 households.

There are 334 renters living in 114 renter households in this City. Renters make up 36.74 percent of the population living in New Holland.

What is the rental market like in New Holland, Ohio?

There are an estimated 420 housing units in the New Holland area. Of these, 119 units are rental homes, making up 28 percent of the housing market. For every renter household in New Holland, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in New Holland?

The rental vacancy rate in New Holland is 4 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 New Holland for each bedroom size?

Occupied Rental Units by Size in New Holland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 8 24 78 1
Occupied Rental Units by Size in New Holland

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

Among renter households in this market, 31 percent have housing cost burden. Further, 16 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 New Holland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $611 to $1,230. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $611
One BR $722
Two BR $870
Three BR $1,128
Four BR $1,230
2024 Fair Market Rents in New Holland, Ohio

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

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 3 100 percent
One BR 8 100 percent
Two BR 18 75 percent
Rental Units Below FMR in New Holland, Ohio

How many affordable rental units are in New Holland?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 12
USDA Section 515 Rural Rental Housing 30
Tracked Units by Federal Program in New Holland, Ohio

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

Income Based Apartments in New Holland, Ohio

New Holland features 30 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 New Holland, Ohio

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Holland.

Housing Choice Vouchers in New Holland, Ohio

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.