Affordable Housing In Oberlin
Lorain County, Ohio

2 Low Income Apartment Communities In Oberlin

Concord Manor

95 E Vine St
Oberlin, Ohio

Oberlin Homes

138 S Main St
Oberlin, Ohio
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Housing Authorities that serve Oberlin

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 Oberlin, Ohio

There are 2 low income housing apartment communities offering 361 affordable apartments for rent in Oberlin, Ohio.

Income Based Apartments in Oberlin, Ohio

Oberlin features 361 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 Oberlin, Ohio

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

Housing Choice Vouchers in Oberlin, Ohio

On average, Section 8 Housing Choice vouchers pay Oberlin landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Oberlin.

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

2020 Oberlin, 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.

Oberlin, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 361
Total Housing Units with Rental Assistance 361
Percentage of Housing Units Occupied By Renters 45.5%
Average Renter Household Size 2.19
Average Household Size 2.34
Median Household Income $55,723 ±$4,052
Median Rent $742 ±$42
Percentage Of Renters Overburdened 37.01% ± 9.57pp
Total Population 8,356

Population and Household Demographics

Oberlin is a City in Lorain County, Ohio with a population of 8,356. There are 2,512 households in the city with an average household size of 2.34 persons. 45.5% of households in Oberlin are renters.

Income and Rent Overburden in Oberlin

The median gross income for households in Oberlin is $55,723 a year, or $4,644 a month. The median rent for the city is $742 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oberlin, a household making less than $2,473 a month would be considered overburdened when renting an apartment at or above the median rent. 37.01% of households who rent are overburdened in Oberlin.1

Area Median Income In Oberlin

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 Oberlin, the AMI is calculated from all households within Lorain County.

In Oberlin, 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 Oberlin

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 Oberlin

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