Affordable Housing In Powhatan Point
Belmont County, Ohio

3 Low Income Apartment Communities In Powhatan Point

Woda Apartments

109 Christine Dr
Powhatan Point, Ohio
$510
2 BR
Subsidized

Capeview Apartments

247 Belt St
Powhatan Point, Ohio
Subsidized

Parkview Villa

151 Allen Ave
Powhatan Point, Ohio
Accepts Vouchers
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Housing Authorities that serve Powhatan Point

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

Guide To Affordable Housing in Powhatan Point, Ohio

There are 3 low income housing apartment communities offering 84 affordable apartments for rent in Powhatan Point, Ohio.

Income Based Apartments in Powhatan Point, Ohio

Powhatan Point features 36 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 Powhatan Point, Ohio

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Powhatan Point.

Housing Choice Vouchers in Powhatan Point, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Powhatan Point, Ohio for a two-bedroom apartment is between $663 and $811.

2020 Powhatan Point, 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 $566 $570 $737 $941 $1,154
Payment Standard Range $509 to $623 $513 to $627 $663 to $811 $847 to $1,035 $1,039 to $1,269

Sourced from federal housing data and AffordableHousingOnline.com research.

Powhatan Point, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 84
Total Housing Units with Rental Assistance 36
Percentage of Housing Units Occupied By Renters 26.61%
Average Renter Household Size 2.33
Average Household Size 2.15
Median Household Income $39,500 ±$7,748
Median Rent $472 ±$100
Percentage Of Renters Overburdened 42.86% ± 17.43pp
Total Population 1,474

Population and Household Demographics

Powhatan Point is a City in Belmont County, Ohio with a population of 1,474. There are 684 households in the city with an average household size of 2.15 persons. 26.61% of households in Powhatan Point are renters.

Income and Rent Overburden in Powhatan Point

The median gross income for households in Powhatan Point is $39,500 a year, or $3,292 a month. The median rent for the city is $472 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Powhatan Point, a household making less than $1,573 a month would be considered overburdened when renting an apartment at or above the median rent. 42.86% of households who rent are overburdened in Powhatan Point.1

Area Median Income In Powhatan Point

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 Powhatan Point, the AMI is calculated from all households within Belmont County.

In Powhatan Point, HUD calculates the Area Median Income for a family of four as $65,200

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 Powhatan Point

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 Powhatan Point

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,050
50% of Median $22,850 $26,100 $29,350 $32,600 $35,250 $37,850 $40,450 $43,050
80% of Median $36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850