Ohio's Housing Crunch: 266,000 Units Short, Renters Struggle
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Ohios Housing Crisis: A Staggering Shortage of Affordable Rental Units - A new report reveals a severe housing crunch in Ohio, with approximately 266,000 affordable rental units missing. Half of all renters are overburdened, spending over 30% of their income on rent and utilities. The situation is dire in major cities like Columbus, Cleveland, and Cincinnati, with gaps of 53,000, 54,000, and 55,000 units respectively. Low-income families, particularly those earning under $33,000 annually, are hit the hardest, with 73% spending over half their income on housing. The problem has escalated by 66% in the past five years, with only 27 available units per 100 needy renters in Columbus. Nationwide, no state has enough affordable rentals, and only one in four eligible households receives assistance, leaving many unable to afford essentials like food or healthcare.
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