; Low Income Apartments For Rent in Bay Village, OH

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Knickerbocker Apartments

27100 Knickerbocker Rd
Bay Village, Ohio
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
S236
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Studio-1 BR
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There are 0 low-income apartments in Bay Village that offer reduced rents to eligible households.

Rental assistance programs support 169 low-income homes in Bay Village where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on January 1st, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Bay Village, 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.

Housing Authority Programs
Cuyahoga Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Emerald Development And Economic Network Mainstream Voucher; Shelter Plus Care
North Coast Housing Connections Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV)
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Bay Village.

Bay Village, Ohio Affordable Housing Data

Income Based Apartments in Bay Village, Ohio

Bay Village features 169 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 Bay Village, Ohio

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

Housing Choice Vouchers in Bay Village, Ohio

On average, Section 8 Housing Choice vouchers pay Bay Village landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bay Village.

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

2024 Bay Village, 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
Bay Village, Ohio Fair Market Rent $811 $913 $1,108 $1,434 $1,527
Bay Village, Ohio Payment Standard Range $730 to $892 $822 to $1,004 $997 to $1,219 $1,291 to $1,577 $1,374 to $1,680

Sourced from federal housing data and AffordableHousingOnline.com research.

Bay Village, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 169
Total Housing Units with Rental Assistance 169
Percentage of Housing Units Occupied By Renters 8.26%
Average Renter Household Size 2.03
Average Household Size 2.55
Median Household Income $89,864 ±$6,034
Median Rent $895 ±$305
Percentage Of Renters Overburdened 39.84% ± 13.84pp
Total Population 15,469

Population and Household Demographics

Bay Village is a city in Cuyahoga County, Ohio with a population of 15,469. There are 6,016 households in the city with an average household size of 2.55 persons. 8.26% of households in Bay Village are renters.

Income and Rent Overburden in Bay Village

The median gross income for households in Bay Village is $89,864 a year, or $7,489 a month. The median rent for the city is $895 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bay Village, a household making less than $2,983 a month would be considered overburdened when renting an apartment at or above the median rent. 39.84% of households who rent are overburdened in Bay Village.

Area Median Income In Bay Village

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 Bay Village, the AMI is calculated from all households within Cuyahoga County.

In Bay Village, HUD calculates the Area Median Income for a family of four as $94,000

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 Bay Village

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 HUD Rental Assistance in Bay Village

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bay Village AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,000 $21,700 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Bay Village AMI may qualify for rental assistance programs that target Very Low Income households.
$31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700
80% AMI Income Limits
Renters earning up to 80% of the Bay Village AMI may qualify for rental assistance programs that target Low Income households.
$50,650 $57,850 $65,100 $72,300 $78,100 $83,900 $89,700 $95,450