Affordable Housing In North Ridgeville
Lorain County, Ohio

Housing Authorities that serve North Ridgeville

Housing Authority Programs
Lorain Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Rental Assistance (PBRA)

Guide To Affordable Housing in North Ridgeville, Ohio

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in North Ridgeville, Ohio.

Income Based Apartments in North Ridgeville, Ohio

North Ridgeville features 0 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 North Ridgeville, Ohio

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

Housing Choice Vouchers in North Ridgeville, Ohio

On average, Section 8 Housing Choice vouchers pay North Ridgeville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in North Ridgeville.

The maximum amount a voucher would pay on behalf of a low-income tenant in North Ridgeville, Ohio for a two-bedroom apartment is between $764 and $934.

2020 North Ridgeville, Ohio Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $585 $691 $849 $1,119 $1,174
Payment Standard Range $527 to $644 $622 to $760 $764 to $934 $1,007 to $1,231 $1,057 to $1,291

Sourced from federal housing data and research.

North Ridgeville, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 13.83%
Average Renter Household Size 2.57
Average Household Size 2.54
Median Household Income $65,783 ±$2,404
Median Rent $1,021 ±$184
Percentage Of Renters Overburdened 39.77% ± 8.83pp
Total Population 31,240

Population and Household Demographics

North Ridgeville is a City in Lorain County, Ohio with a population of 31,240. There are 12,195 households in the city with an average household size of 2.54 persons. 13.83% of households in North Ridgeville are renters.

Income and Rent Overburden in North Ridgeville

The median gross income for households in North Ridgeville is $65,783 a year, or $5,482 a month. The median rent for the city is $1,021 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In North Ridgeville, a household making less than $3,403 a month would be considered overburdened when renting an apartment at or above the median rent. 39.77% of households who rent are overburdened in North Ridgeville.1

Area Median Income In North Ridgeville

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For North Ridgeville, the AMI is calculated from all households within Lorain County.

In North Ridgeville, HUD calculates the Area Median Income for a family of four as $73,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in North Ridgeville

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in North Ridgeville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,500 $17,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,800 $29,500 $33,200 $36,850 $39,800 $42,750 $45,700 $48,650
80% of Median $41,300 $47,200 $53,100 $58,950 $63,700 $68,400 $73,100 $77,850