About This Property
The Lakewoods Phase III comprises 42 two-bedroom units designated for elderly residents in Toledo, OH. This property has been in service since 2011 and utilizes 9% Low-Income Housing Tax Credits to provide affordable housing. The development is managed as a low-income housing community serving Lucas County.
Waitlist Information
Waitlist managed by Lucas Metropolitan Housing Authority
Low Income Public Housing Waitlist Opening announced for 09/30/2025 - 10/08/2025.
The HCV Waitlist is Closed.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Lucas County, OH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $691 |
| 1 Bedroom | $753 |
| 2 Bedroom | $986 |
| 3 Bedroom | $1,307 |
| 4 Bedroom | $1,378 |
Income Limits - Lucas County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Toledo, OH?+
The Fair Market Rent (FMR) for Lucas County, OH is: $691 (Studio), $753 (1BR), $986 (2BR), $1307 (3BR), $1378 (4BR). Actual rent at subsidized properties like The Lakewoods Phase Iii is typically 30% of household income or less.
What size apartments are available at The Lakewoods Phase Iii?+
The Lakewoods Phase Iii offers the following unit types: 42 Two-Bedroom units, for a total of 42 units.
Is there a waitlist for The Lakewoods Phase Iii?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Lucas County, OH?+
For a 4-person household in Lucas County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.
Who manages The Lakewoods Phase Iii?+
The Lakewoods Phase Iii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Toledo, OH?+
Based on Fair Market Rent for Lucas County, the estimated price range is: 2-bedroom: $986. Actual rent at The Lakewoods Phase Iii may be lower for income-eligible households.
Who is eligible to live at The Lakewoods Phase Iii?+
The Lakewoods Phase Iii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at The Lakewoods Phase Iii?+
The Lakewoods Phase Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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