Affordable Housing In Van Wert County

4 Low Income Apartment Communities In Van Wert County

Homestead Village

1254 S Shannon St
Van Wert, OH
Elderly Supportive Housing

Frontier Run

130 Mentzer Rd
Convoy, OH

Quail Run Apartments

645 N Franklin St
Van Wert, OH
Accepts Vouchers

Apple Glen Townhomes

1116 Kear Rd
Van Wert, OH
Accepts Vouchers
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Housing Authorities that serve Van Wert County

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

Guide To Affordable Housing in Van Wert County, Ohio

There are 4 low income housing apartment communities offering 192 affordable apartments for rent in Van Wert County, Ohio.

Income Based Apartments in Van Wert County, Ohio

Van Wert County features 92 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 Van Wert County, Ohio

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Van Wert County.

Housing Choice Vouchers in Van Wert County, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Van Wert County, Ohio for a two-bedroom apartment is between $628 and $768.

2020 Van Wert County, 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 $518 $530 $698 $942 $946
Payment Standard Range $466 to $570 $477 to $583 $628 to $768 $848 to $1,036 $851 to $1,041

Sourced from federal housing data and research.

Van Wert County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 192
Total Housing Units with Rental Assistance 92
Percentage of Housing Units Occupied By Renters 24.32%
Average Renter Household Size 2.60
Average Household Size 2.49
Median Household Income $48,060 ±$2,909
Median Rent $635 ±$27
Percentage Of Renters Overburdened 36.83% ± 6.55pp
Total Population 28,576

Population and Household Demographics

Van Wert County is a County in Ohio with a population of 28,576. There are 11,355 households in the county with an average household size of 2.49 persons. 24.32% of households in Van Wert County are renters.

Income and Rent Overburden in Van Wert County

The median gross income for households in Van Wert County is $48,060 a year, or $4,005 a month. The median rent for the county is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Van Wert County, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent. 36.83% of households who rent are overburdened in Van Wert County.1

Area Median Income In Van Wert 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 Van Wert County, HUD calculates the Area Median Income for a family of four as $64,200

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 Van Wert 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 Van Wert County HUD Rental Assistance in Van Wert 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

Cities In Van Wert County

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

City Listings Served By
Van Wert 3
Convoy 1
Elgin 0
Ohio City 0
Venedocia 0
Willshire 0
Wren 0
Middle Point 0