Affordable Housing In Vinton County
Ohio

4 Low Income Apartment Communities In Vinton County

Xena Place

420 S Market St
Mcarthur, OH
$584-705
1-3 BR
HCV Welcome

Vinton Green

640 McArthur Park Dr
Mcarthur, OH
Income Based
1-4 BR
Subsidized

Mcarthur Manor

580 N Market St
Mcarthur, OH
Subsidized

Vinton Manor Apartments

500 Engle Dr
Mcarthur, OH
HCV Welcome
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Housing Authorities that serve Vinton County

Housing Authority Programs
Vinton Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Vinton County, Ohio

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 192 affordable apartments for rent in Vinton County, Ohio. Vinton County features 72 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 120 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Vinton County.

Vinton County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 192
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 22.92%
Average Renter Household Size 2.58
Average Household Size 2.63
Median Household Income $40,680 ±$2,349
Median Rent $600 ±$43
Percentage Of Renters Overburdened 41.61% ± 7.73pp
Total Population 13,234

Population and Household Demographics

Vinton County is a County in Ohio with a population of 13,234. There are 4,992 households in the county with an average household size of 2.63 persons. 22.92% of households in Vinton County are renters.

Income and Rent Overburden in Vinton County

The median gross income for households in Vinton County is $40,680 a year, or $3,390 a month. The median rent for the county is $600 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Vinton County, a household making less than $2,000 a month would be considered overburdened when renting an apartment at or above the median rent. 41.61% of households who rent are overburdened in Vinton County.1

Area Median Income In Vinton 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 Vinton County, HUD calculates the Area Median Income for a family of four as $54,200

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 Vinton 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 Vinton County HUD Rental Assistance in Vinton 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

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Vinton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
60% of Median $27,480 $31,440 $35,340 $39,240 $42,420 $45,540 $48,660 $51,840

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Vinton County is $35,340 a year, or $2,945 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,945 by 30% to get a maximum rent of $884 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $573 $614 $736 $851 $949 $1,047
60% $687 $737 $884 $1,021 $1,139 $1,256
Fair Market Rents in Vinton County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$517 $611 $696 $902 $1,222

Cities In Vinton County

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

City Listings Served By
Mcarthur 4 The HUD funded Public Housing Agency that serves Mcarthur is the Vinton Metropolitan Housing Authority.
Hamden 0
Wilkesville 0
Zaleski 0