Affordable Housing In Paulding County

8 Low Income Apartment Communities In Paulding County

Patrick Place Apartments

12280 Dennis Street
Paulding, OH
HCV Welcome

Flat Rock Creek Apartments

505 Orchard Street
Payne, OH

Van Wert County Cac, Inc - N - B - 99 - 796 - 1

1400 Partridge Dr
Paulding, OH
HCV Welcome

Park Ave Villas I

100 Park Ave
Antwerp, OH
HCV Welcome

Partridge Place

400 Partridge Place Dr
Paulding, OH
HCV Welcome

Park Avenue Villas II

500 Park Ave
Antwerp, OH
HCV Welcome

Park Avenue Villas IIi

1000 N Park St
Antwerp, OH
HCV Welcome

North Garden Place

511 N Main St
Antwerp, OH
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Guide To Affordable Housing in Paulding County, Ohio

According to federal housing data and research, there are 8 low income housing apartment communities offering 192 affordable apartments for rent in Paulding County, Ohio. Paulding County features 48 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 120 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Paulding County.

Paulding County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 192
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 21.94%
Average Renter Household Size 2.35
Average Household Size 2.48
Median Household Income $45,550 ±$2,002
Median Rent $587 ±$31
Percentage Of Renters Overburdened 33.39% ± 7.29pp
Total Population 19,165

Population and Household Demographics

Paulding County is a County in Ohio with a population of 19,165. There are 7,699 households in the county with an average household size of 2.48 persons. 21.94% of households in Paulding County are renters.

Income and Rent Overburden in Paulding County

The median gross income for households in Paulding County is $45,550 a year, or $3,796 a month. The median rent for the county is $587 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Paulding County, a household making less than $1,957 a month would be considered overburdened when renting an apartment at or above the median rent. 33.39% of households who rent are overburdened in Paulding County.1

Area Median Income In Paulding County

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.

In Paulding County, HUD calculates the Area Median Income for a family of four as $63,700

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 Paulding County

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 Paulding County HUD Rental Assistance in Paulding County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,750 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,200
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
80% of Median $36,650 $41,850 $47,100 $52,300 $56,500 $60,700 $64,900 $69,050
Low Income Housing Tax Credits in Paulding County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2005, 5 low income apartment communities containing 102 rental apartments have been constructed and made affordable to low income persons in Paulding County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Paulding County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
60% of Median $27,480 $31,440 $35,340 $39,240 $42,420 $45,540 $48,660 $51,840

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Paulding County is $35,340 a year, or $2,945 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,945 by 30% to get a maximum rent of $884 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $573 $614 $736 $851 $949 $1,047
60% $687 $737 $884 $1,021 $1,139 $1,256
Fair Market Rents in Paulding County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$517 $592 $696 $893 $974

Cities In Paulding County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Payne 1
Antwerp 4
Paulding 3
Broughton 0
Grover Hill 0
Latty 0
Scott 0
Cecil 0
Haviland 0
Melrose 0
Oakwood 0