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Affordable Housing In Painesville
Lake County, Ohio

9 Low Income Apartment Communities In Painesville

Seneca Grove

707 Argonne Dr
Painesville, Ohio
Income Based
2-3 BR
Subsidized

Mcnaughton Apartments Aka Extended Housing

608 Liberty St
Painesville, Ohio
Subsidized
62+
Accessible
Elderly Supportive Housing

Wesley Village II

180 Wood St
Painesville, Ohio
Accepts Vouchers

Northeast Ohio Housing Advoc - N - B - 97 - 819 - 2

120 W 6th St
Painesville, Ohio
Accepts Vouchers

Brentwood Apartments - Phase II

249 Brentwood Dr
Painesville, Ohio
Accepts Vouchers

Jackson Towers

200 W Jackson St
Painesville, Ohio

Brentwood Phase Apartments II

1100 Brentwood Dr
Painesville, Ohio
Accepts Vouchers

Brentwood Apartments

1000 Brentwood Dr
Painesville, Ohio
Accepts Vouchers

Lake Cnty - B - B - 94 - 250 - 1

191 W High St
Painesville, Ohio
Accepts Vouchers
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Housing Authorities that serve Painesville

Housing Authority Programs
Lake Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Painesville, Ohio

There are 9 low income housing apartment communities offering 870 affordable apartments for rent in Painesville, Ohio.

Income Based Apartments in Painesville, Ohio

Painesville features 385 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 Painesville, Ohio

There are 485 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Painesville.

Housing Choice Vouchers in Painesville, Ohio

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

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

2020 Painesville, 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 AffordableHousingOnline.com research.

Painesville, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 870
Total Housing Units with Rental Assistance 385
Percentage of Housing Units Occupied By Renters 52.2%
Average Renter Household Size 2.41
Average Household Size 2.53
Median Household Income $33,210 ±$3,703
Median Rent $688 ±$39
Percentage Of Renters Overburdened 55.72% ± 7.71pp
Total Population 19,694

Population and Household Demographics

Painesville is a city in Lake County, Ohio with a population of 19,694. There are 7,389 households in the city with an average household size of 2.53 persons. 52.2% of households in Painesville are renters.

Income and Rent Overburden in Painesville

The median gross income for households in Painesville is $33,210 a year, or $2,768 a month. The median rent for the city is $688 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Painesville, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 55.72% of households who rent are overburdened in Painesville.

Area Median Income In Painesville

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 Painesville, the AMI is calculated from all households within Lake County.

In Painesville, HUD calculates the Area Median Income for a family of four as $76,000

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 Painesville

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 Painesville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,000 $18,250 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,600 $30,400 $34,200 $38,000 $41,050 $44,100 $47,150 $50,200
80% of Median $42,600 $48,650 $54,750 $60,800 $65,700 $70,550 $75,400 $80,300