What HUD offices serve South Point, 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.
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near South Point.
How many renters live in South Point, Ohio?
The City of South Point has people living in households.
There are renters living in renter households in this City. Renters make up 16.43 percent of the population living in South Point.
What is the rental market like in South Point, Ohio?
There are an estimated housing units in the South Point area. Of these, units are rental homes, making up percent of the housing market. For every renter household in South Point, Ohio, there are 1.11 rental units.
What is the vacancy rate for rentals in South Point?
The rental vacancy rate in South Point 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 Point for each bedroom size?
Occupied Rental Units by Size in South Point
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 140 | 69 | 18 |
Occupied Rental Units by Size in South Point
A large number of apartments in South Point have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in South Point
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $793 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $793 |
| One BR | $815 |
| Two BR | $938 |
| Three BR | $1,236 |
| Four BR | $1,431 |
2024 Fair Market Rents in South Point, Ohio
How many units are rented at Fair Market Rent (FMR) in South Point?
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 |
| Two BR | 121 | 86 percent |
Rental Units Below FMR in South Point, Ohio
How many affordable rental units are in South Point?
There are a variety of federal affordable housing programs serving households in South Point, Ohio including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in South Point, Ohio
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in South Point, Ohio
South Point features 173 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 Point, Ohio
There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Point.
Housing Choice Vouchers in South Point, Ohio
On average, Section 8 Housing Choice vouchers pay South Point landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in South Point.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Point, Ohio for a two-bedroom apartment is between $844 and $1,032.
Sourced from federal housing data and AffordableHousingOnline.com research.