About This Property
Akron Homes I comprises 40 low-income residential units in Akron, Ohio, with a unit mix of 24 three-bedroom and 16 four-bedroom apartments. The property was placed in service in 1995 and utilizes 9% LIHTC financing. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Akron Metropolitan Housing Authority
The waiting list is currently accepting applications for families and senior/disabled individuals, with an estimated wait time of 6-18 months. Applicants are placed using local preferences and application date/time; all adult household members must pass a criminal background check and pay previous balances owed to AMHA.
The waiting list opened on August 22, 2021, and has an estimated wait time of 24-36 months. Preferences include Rent Burden or Homeless, Involuntary Displacement, Veteran, SCCS Certified Emancipated Youth, and Resident; all adult household members must pass a criminal background check and pay previous balances owed to AMHA.
Waitlist data provided by section8waitlist.org
Updated November 12, 2026
Property Details
Fair Market Rent - Summit 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 | $728 |
| 1 Bedroom | $816 |
| 2 Bedroom | $1,039 |
| 3 Bedroom | $1,301 |
| 4 Bedroom | $1,389 |
Income Limits - Summit County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,850
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $19,250
- Very Low (50%)
- $32,050
- Low (80%)
- $51,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,300
- Low (80%)
- $69,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,700
- Low (80%)
- $79,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,900
- Low (80%)
- $84,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,850 | $28,050 | $44,900 |
| 2 Persons | $19,250 | $32,050 | $51,300 |
| 3 Persons | $21,960 | $36,050 | $57,700 |
| 4 Persons | $26,500 | $40,050 | $64,100 |
| 5 Persons | $31,040 | $43,300 | $69,250 |
| 6 Persons | $35,580 | $46,500 | $74,400 |
| 7 Persons | $40,120 | $49,700 | $79,500 |
| 8 Persons | $44,660 | $52,900 | $84,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Akron, OH?+
The Fair Market Rent (FMR) for Summit County, OH is: $728 (Studio), $816 (1BR), $1039 (2BR), $1301 (3BR), $1389 (4BR). Actual rent at subsidized properties like Akron Homes I is typically 30% of household income or less.
What size apartments are available at Akron Homes I?+
Akron Homes I offers the following unit types: 24 Three-Bedroom, 16 Four-Bedroom units, for a total of 40 units.
What is the price range for apartments in Akron, OH?+
Based on Fair Market Rent for Summit County, the estimated price range is: 3-bedroom: $1301. Actual rent at Akron Homes I may be lower for income-eligible households.
What are the income limits for affordable housing in Summit County, OH?+
For a 4-person household in Summit County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,050, Low Income (80% AMI): $64,100. These limits are set by HUD and updated annually.
How do I apply for housing at Akron Homes I?+
Akron Homes I 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.
Is there a waitlist for Akron Homes I?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Akron Homes I?+
Akron Homes I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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