Low Income Apartments and Affordable Housing For Rent in Campbellsburg, IN

Discover affordable housing in Campbellsburg where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Campbellsburg Apartments

425 S Sycamore St, Campbellsburg, Indiana 47108

Taylor Apartments CO Hoosier Uplands

133 W State Highway 60, Campbellsburg, Indiana 47108

calendar_today Opened: Aug 15
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Campbellsburg, Indiana
$18.73/hour
$11.48 (+158%) more than Indiana minimum wage and $11.48 (+158%) more than the Federal minimum wage.
Learn More About Campbellsburg, Indiana Affordable Housing ↓

What HUD offices serve Campbellsburg, Indiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Campbellsburg, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Campbellsburg.

How many renters live in Campbellsburg, Indiana?

The City of Campbellsburg has 666 people living in 239 households.

There are 172 renters living in 76 renter households in this City. Renters make up 25.83 percent of the population living in Campbellsburg.

What is the rental market like in Campbellsburg, Indiana?

There are an estimated 265 housing units in the Campbellsburg area. Of these, 83 units are rental homes, making up 31 percent of the housing market. For every renter household in Campbellsburg, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Campbellsburg?

The rental vacancy rate in Campbellsburg is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Campbellsburg for each bedroom size?

Occupied Rental Units by Size in Campbellsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 15 29 25 7
Occupied Rental Units by Size in Campbellsburg

A large number of apartments in Campbellsburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Campbellsburg are overburdened by housing costs?

Among renter households in this market, 29 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Campbellsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,317. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $745
One BR $753
Two BR $989
Three BR $1,236
Four BR $1,317
2024 Fair Market Rents in Campbellsburg, Indiana

How many units are rented at Fair Market Rent (FMR) in Campbellsburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 15 100 percent
Two BR 18 62 percent
Rental Units Below FMR in Campbellsburg, Indiana

How many affordable rental units are in Campbellsburg?

There are a variety of federal affordable housing programs serving households in Campbellsburg, Indiana including the following:

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Campbellsburg, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Campbellsburg, Indiana

Campbellsburg features 32 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Campbellsburg, Indiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Campbellsburg.

Housing Choice Vouchers in Campbellsburg, Indiana

On average, Section 8 Housing Choice vouchers pay Campbellsburg landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Campbellsburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Campbellsburg, Indiana for a two-bedroom apartment is between $890 and $1,088.

Sourced from federal housing data and AffordableHousingOnline.com research.