Ohio’s Affordability Crisis: 40 Affordable Rental Units for Every 100 Extremely Low‑Income Households

A recent analysis reveals a sobering reality for Ohio’s housing market: for every 100 extremely‑low‑income (ELI) renters, those earning at or below 30% of area median income, there are only 40 rental homes affordable and available. That means a shortfall of more than 264,000 units in the state.

In Northeast Ohio including the Cleveland metro, this shortage influences a number of market dynamics. Higher rents, fewer quality rental options, and increased competition push more people toward buying earlier than they’d planned, or into neighborhoods they hadn’t considered. At the same time, sellers might see stronger buyer interest in homes priced within the missing‑rental‑market tiers.

If you’re a first‑time buyer or someone weighing whether to keep renting or start shopping, this is a key trend to watch. And if you’re selling, understanding the rental side of the market gives you extra insight into who your potential buyer could be.

👉 Want to talk specifically how this plays out in your suburb or ZIP code?
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