; Low Income Apartments For Rent in Dennison, OH

Apply to Dennison Apartment Waiting Lists

Lanning House

226 Grant St
Dennison, Ohio
Rent Assisted
LIHTC
Showing Results 1-15
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There are 30 low-income apartments in Dennison that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Dennison where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Dennison, 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
Cincinnati Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher
Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Dennison.

Dennison, Ohio Affordable Housing Data

Income Based Apartments in Dennison, Ohio

Dennison features 0 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 Dennison, Ohio

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dennison.

Housing Choice Vouchers in Dennison, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dennison, Ohio for a two-bedroom apartment is between $1,076 and $1,315.

2024 Dennison, 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
Dennison, Ohio Fair Market Rent $810 $919 $1,195 $1,588 $1,766
Dennison, Ohio Payment Standard Range $729 to $891 $827 to $1,011 $1,076 to $1,315 $1,429 to $1,747 $1,589 to $1,943

Sourced from federal housing data and AffordableHousingOnline.com research.

Dennison, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 30
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 11.97%
Average Renter Household Size 3.21
Average Household Size 2.15
Median Household Income $65,848 ±$1,879
Median Rent $0 ±$0
Percentage Of Renters Overburdened 35.71% ± 142.24pp
Total Population 252

Population and Household Demographics

Dennison is a city in Hamilton County, Ohio with a population of 252. There are 117 households in the city with an average household size of 2.15 persons. 11.97% of households in Dennison are renters.

Income and Rent Overburden in Dennison

The median gross income for households in Dennison is $65,848 a year, or $5,487 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dennison, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 35.71% of households who rent are overburdened in Dennison.

Area Median Income In Dennison

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 Dennison, the AMI is calculated from all households within Hamilton County.

In Dennison, HUD calculates the Area Median Income for a family of four as $103,600

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 Dennison

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 Dennison

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 Dennison AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,250 $24,300 $27,350 $30,350 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Dennison AMI may qualify for rental assistance programs that target Very Low Income households.
$35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750
80% AMI Income Limits
Renters earning up to 80% of the Dennison AMI may qualify for rental assistance programs that target Low Income households.
$56,650 $64,750 $72,850 $80,900 $87,400 $93,850 $100,350 $106,800