Low Income (LIHTC)Waitlist Open

Parkwood Apts (Akron)

324 Parkwood Ave, Akron, OH, 44304

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Parkwood Apts is a 5-unit residential property in Akron, OH that includes 3 units designated for low-income households. The property was placed in service in 1988 and receives 4% Low-Income Housing Tax Credit (LIHTC) funding. The community is managed by a professional property management team.

Waitlist Information

Waitlist managed by Akron Metropolitan Housing Authority

Public Housing Waitlist

Open

Apply: Online

The Akron Metropolitan Housing Authority (AMHA) is currently accepting public housing waiting list applications for families and senior/disabled individuals. Preferences include being a resident of Summit County, being homeless, or paying over 30% of income towards rent and utilities.

Last verified February 6, 2026

Section 8 (HCV) Waitlist

Closed

The waiting list is not accepting applications at this time. Estimated wait time is 24-36 months.

Last verified April 10, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $16,850
Very Low (50%): $28,050
Low (80%): $44,900

2 Persons

Extremely Low (30%): $19,250
Very Low (50%): $32,050
Low (80%): $51,300

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $36,050
Low (80%): $57,700

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $40,050
Low (80%): $64,100

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $43,300
Low (80%): $69,250

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $46,500
Low (80%): $74,400

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $49,700
Low (80%): $79,500

8 Persons

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

Tax Credit Program Details

Year Placed in Service

1988

LIHTC Credit Type

Low-Income Units

3 / 5

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 Parkwood Apts (Akron) is typically 30% of household income or less.

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.

Who manages Parkwood Apts (Akron)?+

Parkwood Apts (Akron) is managed by . You can reach them at .

How do I apply for housing at Parkwood Apts (Akron)?+

Parkwood Apts (Akron) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Parkwood Apts (Akron)?+

Public Housing waitlist is currently Open. 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.

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