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Market Rate

Market Rate

Lorain Metropolitan Housing Authority (LMHA) has Market Rate units located at 1963 Leavitt Road, Lorain, Ohio.  These units are efficiency (0 bedroom) apartments for $325.00 per month, or 1 bedroom apartments for $425.00 per month; utilities included.  Security Deposits are required and are equal to one month’s rent.  

Other Market Rate units are located on Albany Avenue in Sheffield Township, Ohio.  These are 3 bedroom ranch homes for $825.00 per month with a required one month’s rent Security Deposit.  All homes are visitable and one is fully accessible.  Residents are responsible for payment of gas and electric.

These apartments/homes are not subsidized or based on income.  These are Market Rate units, which must be rented to persons with annual income not exceeding 120% Area Median Income ($63,400.00 in Lorain County).  Section 8 vouchers are accepted.