About This Property
William Presser Towers comprises 100 low-income units in Akron, Ohio, serving elderly residents since 2004. The property includes 96 one-bedroom and four two-bedroom apartments and is financed through tax-exempt bonds with 4% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Waitlist Information
Waitlist managed by Akron Metropolitan Housing Authority
Accepting applications for families and senior/disabled individuals. Preferences may include Summit County residency, homelessness, or paying over 30% of income toward rent, and Local Preference Points are used; all applicants must pass a criminal background screening, pay previous balances to AMHA, and meet HUD income limits.
Estimated wait time is 24-36 months. Preferences include rent burden/homeless, involuntary displacement, veteran status, SCCS Certified Emancipated Youth, and Summit County residency. Applicants must meet HUD income limits, pass a criminal background check, and pay any previous balances owed to AMHA.
Waitlist data provided by section8waitlist.org
Updated September 28, 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 William Presser Towers is typically 30% of household income or less.
What size apartments are available at William Presser Towers?+
William Presser Towers offers the following unit types: 96 One-Bedroom, 4 Two-Bedroom units, for a total of 100 units.
Who is eligible to live at William Presser Towers?+
William Presser Towers primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
What is the price range for apartments in Akron, OH?+
Based on Fair Market Rent for Summit County, the estimated price range is: 1-bedroom: $816, 2-bedroom: $1039. Actual rent at William Presser Towers may be lower for income-eligible households.
Is there a waitlist for William Presser Towers?+
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 William Presser Towers?+
William Presser Towers is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at William Presser Towers?+
William Presser Towers 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.