Mount Repose, Ohio, maintains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 52 units, all designated as low-income. This represents approximately 2% of the city's estimated 2,625 housing units. The city has received $666,820 in LIHTC project tax credits for affordable housing, averaging $333,410 per project and $12,823 per unit in federal funding. Mount Repose accounts for 0.16% of Ohio's total LIHTC funding.

Two notable LIHTC projects in Mount Repose, Pebble Brooke Apts and Stonebridge, were completed in 2001, indicating a two-decade presence of affordable housing in the city. The early 2000s marked the peak of affordable housing activity in Mount Repose. The affordable housing inventory primarily consists of two and three-bedroom units, with Pebble Brooke Apts offering 13 two-bedroom and 13 three-bedroom units.

Mount Repose's population has shown an overall upward trend, increasing from 6,236 in 2013 to 6,851 in 2022. Concurrently, the median income rose from $68,639 in 2013 to $83,216 in 2022. The city's racial composition has remained predominantly white, though there has been a slight decrease from 94% in 2013 to 89% in 2022. Diversity has marginally increased, with the Hispanic population growing from 2% to 5% and the two or more races category rising from 0% to 4% during this period.