Affordable Housing In Shadyside
Belmont County, Ohio

1 Low Income Apartment Communities In Shadyside

Shadyside Garden Apartments

47th St
Shadyside, OH
Accepts Vouchers
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Housing Authorities that serve Shadyside

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

Guide To Affordable Housing in Shadyside, Ohio

There are 1 low income housing apartment communities offering 36 affordable apartments for rent in Shadyside, Ohio.

Income Based Apartments in Shadyside, Ohio

Shadyside features 0 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 Shadyside, Ohio

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shadyside.

Housing Choice Vouchers in Shadyside, Ohio

On average, Section 8 Housing Choice vouchers pay Shadyside landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Shadyside.

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

2020 Shadyside, 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 research.

Shadyside, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 36
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 25.05%
Average Renter Household Size 1.78
Average Household Size 2.20
Median Household Income $44,180 ±$3,162
Median Rent $606 ±$41
Percentage Of Renters Overburdened 40.72% ± 14.22pp
Total Population 3,752

Population and Household Demographics

Shadyside is a City in Belmont County, Ohio with a population of 3,752. There are 1,657 households in the city with an average household size of 2.20 persons. 25.05% of households in Shadyside are renters.

Income and Rent Overburden in Shadyside

The median gross income for households in Shadyside is $44,180 a year, or $3,682 a month. The median rent for the city is $606 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shadyside, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 40.72% of households who rent are overburdened in Shadyside.1

Area Median Income In Shadyside

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

In Shadyside, 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 Shadyside

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 Shadyside HUD Rental Assistance in Shadyside

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