Low Income Apartments and Affordable Housing For Rent in South Euclid, OH

Discover affordable housing in South Euclid where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Cedar Group Home, Inc.

Parcel No 70421102, South Euclid, Ohio 44121

calendar_today Opened: Nov 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In South Euclid, Ohio
$20.98/hour
$13.98 (+200%) more than Ohio minimum wage and $13.73 (+189%) more than the Federal minimum wage.
Learn More About South Euclid, Ohio Affordable Housing ↓

What HUD offices serve South Euclid, Ohio?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for South Euclid, Ohio.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for South Euclid, Ohio.
Operates the Mainstream Voucher, Shelter Plus Care programs for South Euclid, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near South Euclid.

How many renters live in South Euclid, Ohio?

The City of South Euclid has 21,754 people living in 8,756 households.

There are 4,268 renters living in 1,910 renter households in this City. Renters make up 19.62 percent of the population living in South Euclid.

What is the rental market like in South Euclid, Ohio?

There are an estimated 9,347 housing units in the South Euclid area. Of these, 1,915 units are rental homes, making up 20 percent of the housing market. For every renter household in South Euclid, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in South Euclid?

The rental vacancy rate in South Euclid is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in South Euclid for each bedroom size?

Occupied Rental Units by Size in South Euclid
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
36 197 502 887 285
Occupied Rental Units by Size in South Euclid

A large number of apartments in South Euclid have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in South Euclid are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in South Euclid

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $811 to $1,527. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $811
One BR $913
Two BR $1,108
Three BR $1,434
Four BR $1,527
2024 Fair Market Rents in South Euclid, Ohio

How many units are rented at Fair Market Rent (FMR) in South Euclid?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 12 33 percent
One BR 145 74 percent
Two BR 278 55 percent
Rental Units Below FMR in South Euclid, Ohio

How many affordable rental units are in South Euclid?

There are a variety of federal affordable housing programs serving households in South Euclid, Ohio including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 6
Tracked Units by Federal Program in South Euclid, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in South Euclid, Ohio

South Euclid features 4 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 South Euclid, Ohio

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

Housing Choice Vouchers in South Euclid, Ohio

On average, Section 8 Housing Choice vouchers pay South Euclid landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in South Euclid.

The maximum amount a voucher would pay on behalf of a low-income tenant in South Euclid, Ohio for a two-bedroom apartment is between $997 and $1,219.

Sourced from federal housing data and AffordableHousingOnline.com research.