About This Property
Pearl Village Apts offers 80 low-income housing units in Lorain, Ohio, with a mix of one-, two-, and three-bedroom floor plans. The property, which has been in service since 2003, is financed through tax-exempt bonds and utilizes 4% Low Income Housing Tax Credits. The community contains 12 one-bedroom units, 56 two-bedroom units, and 12 three-bedroom units.
Waitlist Information
Waitlist managed by Lorain Metropolitan Housing Authority
The waiting list for Public Housing closed on November 30, 2024. Eligibility is based on income and family size.
All HCV waitlists are currently closed, with applications last accepted on July 17, 2024. Past openings involved a lottery where 500 applicants were randomly selected. Eligibility is based on income and family size. Applications could be submitted online or in-person at kiosks located at LMHA Main Office and other specified plazas.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lorain 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 | $811 |
| 1 Bedroom | $913 |
| 2 Bedroom | $1,108 |
| 3 Bedroom | $1,434 |
| 4 Bedroom | $1,527 |
Income Limits - Lorain County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,550
- Very Low (50%)
- $27,550
- Low (80%)
- $44,050
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,450
- Low (80%)
- $50,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,300
- Low (80%)
- $62,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,450
- Low (80%)
- $67,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,600
- Low (80%)
- $73,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,750
- Low (80%)
- $78,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,900
- Low (80%)
- $83,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,550 | $27,550 | $44,050 |
| 2 Persons | $18,900 | $31,450 | $50,350 |
| 3 Persons | $21,960 | $35,400 | $56,650 |
| 4 Persons | $26,500 | $39,300 | $62,900 |
| 5 Persons | $31,040 | $42,450 | $67,950 |
| 6 Persons | $35,580 | $45,600 | $73,000 |
| 7 Persons | $40,120 | $48,750 | $78,000 |
| 8 Persons | $44,660 | $51,900 | $83,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lorain, OH?+
The Fair Market Rent (FMR) for Lorain County, OH is: $811 (Studio), $913 (1BR), $1108 (2BR), $1434 (3BR), $1527 (4BR). Actual rent at subsidized properties like Pearl Village Apts is typically 30% of household income or less.
What size apartments are available at Pearl Village Apts?+
Pearl Village Apts offers the following unit types: 12 One-Bedroom, 56 Two-Bedroom, 12 Three-Bedroom units, for a total of 80 units.
How do I apply for housing at Pearl Village Apts?+
Pearl Village Apts 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.
What is the price range for apartments in Lorain, OH?+
Based on Fair Market Rent for Lorain County, the estimated price range is: 1-bedroom: $913, 2-bedroom: $1108, 3-bedroom: $1434. Actual rent at Pearl Village Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Lorain County, OH?+
For a 4-person household in Lorain County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,300, Low Income (80% AMI): $62,900. These limits are set by HUD and updated annually.
Who manages Pearl Village Apts?+
Pearl Village Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Pearl Village Apts?+
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.
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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