; Low Income Apartments For Rent in Franklin County, OH

Community Properties Of Ohio III

366 1/2 E 11th Ave
Columbus, Ohio

Network Restorations II

295 E 8th Ave
Columbus, Ohio
Subsidized
PBRA

Grandview

1448 Elmwood Ave
Columbus, Ohio

MacKenzie Place

4780 Nugent Dr
Columbus, Ohio
$1175
2 BR

Cassady Village Apartments

3089 Cassady Village Trail
Columbus, Ohio
Subsidized
Rent Assisted
PBRA
S236
BMIR
$531-800
1-3 BR

Worley Terrace

99 S Central Ave
Columbus, Ohio
Rent Assisted
LIHTC
Call For Rent
1 BR

Fieldstone Court

2850 Alum Creek Dr
Columbus, Ohio
Rent Assisted
HOME
Call For Rent
1-2 BR

Jenkins Terrace

1100 E Broad St
Columbus, Ohio
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Fairwood Commons

1774 East Main St
Columbus, Ohio
Subsidized
Rent Assisted
LIHTC
HOME
811 PRA
1 BR

Legacy Pointe at Poindexter

1245 Mt. Vernon Ave
Columbus, Ohio
Subsidized
Rent Assisted
LIHTC
HOME
PBV
Call For Rent
1-3 BR

The Residences at Career Gateway

755 E. Whittier Street
Columbus, Ohio
Rent Assisted
LIHTC
HOME
1 BR

Elim Manor

3200 Elim Manor Ct
Columbus, Ohio
Rent Assisted
LIHTC
Call For Rent
1 BR

Thornwood Commons

1087 Leona Ave
Columbus, Ohio
Subsidized
Public Housing
Call For Rent
2-3 BR

Post Oak Station

3709 Post Oak Ct W
Columbus, Ohio
Subsidized
Public Housing
Call For Rent
2-3 BR

Kenmore Square

1748 Kenmore Rd
Columbus, Ohio
Subsidized
Public Housing
Call For Rent
2 BR
Showing Results 76-90

There are 14,727 low-income apartments in Franklin County that offer reduced rents to eligible households. Low-income rents in Franklin County, Ohio can range from $531 to $1,175 depending on the number of bedrooms.

Rental assistance programs support 10,294 low-income homes in Franklin County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $291 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Franklin County, Ohio Affordable Housing Data

Income Based Apartments in Franklin County, Ohio

Franklin County features 10,294 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 Franklin County, Ohio

There are 14,727 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franklin County.

Housing Choice Vouchers in Franklin County, Ohio

On average, Section 8 Housing Choice vouchers pay Franklin County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Franklin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franklin County, Ohio for a two-bedroom apartment is between $1,172 and $1,432.

2024 Franklin 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
Franklin County, Ohio Fair Market Rent $970 $1,065 $1,302 $1,574 $1,745
Franklin County, Ohio Payment Standard Range $873 to $1,067 $959 to $1,172 $1,172 to $1,432 $1,417 to $1,731 $1,571 to $1,920

Sourced from federal housing data and AffordableHousingOnline.com research.

Franklin County, OH Affordable Housing Snapshot

Total Affordable Apartment Properties 359
Total Low Income Apartments 25,603
Total Housing Units with Rental Assistance 10,294
Percentage of Housing Units Occupied By Renters 46.18%
Average Renter Household Size 2.34
Average Household Size 2.47
Median Household Income $52,341 ±$432
Median Rent $845 ±$5
Percentage Of Renters Overburdened 44.49% ± 0.91pp
Total Population 1,215,761

Population and Household Demographics

Franklin County is a county in Ohio with a population of 1,215,761. There are 480,946 households in the county with an average household size of 2.47 persons. 46.18% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $52,341 a year, or $4,362 a month. The median rent for the county is $845 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,817 a month would be considered overburdened when renting an apartment at or above the median rent. 44.49% of households who rent are overburdened in Franklin County.

Area Median Income In Franklin 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 Franklin County, HUD calculates the Area Median Income for a family of four as $101,100

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 Franklin 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 HUD Rental Assistance in Franklin County

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 Franklin County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,850 $23,800 $26,800 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Franklin County AMI may qualify for rental assistance programs that target Very Low Income households.
$34,750 $39,700 $44,650 $49,600 $53,600 $57,550 $61,550 $65,500
80% AMI Income Limits
Renters earning up to 80% of the Franklin County AMI may qualify for rental assistance programs that target Low Income households.
$55,550 $63,500 $71,450 $79,350 $85,700 $92,050 $98,400 $104,750