Affordable Housing In Obetz
Franklin County, Ohio

1 Low Income Apartment Communities In Obetz

Bridlewood Village

4385 Thelma Dr
Obetz, Ohio
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Guide To Affordable Housing in Obetz, Ohio

There are 1 low income housing apartment communities offering 70 affordable apartments for rent in Obetz, Ohio.

Income Based Apartments in Obetz, Ohio

Obetz features 70 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 Obetz, Ohio

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

Housing Choice Vouchers in Obetz, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Obetz, Ohio for a two-bedroom apartment is between $929 and $1,135.

2022 Obetz, 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
Obetz, Ohio Fair Market Rent $730 $829 $1,032 $1,281 $1,426
Obetz, Ohio Payment Standard Range $657 to $803 $746 to $912 $929 to $1,135 $1,153 to $1,409 $1,283 to $1,569

Sourced from federal housing data and research.

Obetz, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 70
Total Housing Units with Rental Assistance 70
Percentage of Housing Units Occupied By Renters 33.95%
Average Renter Household Size 2.86
Average Household Size 2.80
Median Household Income $46,042 ±$11,334
Median Rent $853 ±$93
Percentage Of Renters Overburdened 47.38% ± 15.48pp
Total Population 4,558

Population and Household Demographics

Obetz is a city in Franklin County, Ohio with a population of 4,558. There are 1,629 households in the city with an average household size of 2.80 persons. 33.95% of households in Obetz are renters.

Income and Rent Overburden in Obetz

The median gross income for households in Obetz is $46,042 a year, or $3,837 a month. The median rent for the city is $853 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Obetz, a household making less than $2,843 a month would be considered overburdened when renting an apartment at or above the median rent. 47.38% of households who rent are overburdened in Obetz.

Area Median Income In Obetz

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 Obetz, the AMI is calculated from all households within Franklin County.

In Obetz, HUD calculates the Area Median Income for a family of four as $83,800

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 Obetz

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 Obetz

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Obetz AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,650 $20,150 $22,650 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Obetz AMI may qualify for rental assistance programs that target Very Low Income households.
$29,350 $33,550 $37,750 $41,900 $45,300 $48,650 $52,000 $55,350
80% AMI Income Limits
Renters earning up to 80% of the Obetz AMI may qualify for rental assistance programs that target Low Income households.
$46,950 $53,650 $60,350 $67,050 $72,450 $77,800 $83,150 $88,550