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

Discover affordable housing in Columbus where there are 22+ 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.

Central Park Place

1500 13th Street, Columbus, Indiana 47201

Fairington of Columbus

2351 Fairington Ct, Columbus, Indiana 47203

Ashford Park

1616 10th Street, Columbus, Indiana 47201

Larae Apartments

2469 W Larae Avenue, Columbus, Indiana 47201

Indiana House

2650 Fox Pointe Dr, Columbus, Indiana 47203

All Saints Community

5400 Yellowwood Dr, Columbus, Indiana 47203

Mapleview Apartments

2999 9th St, Columbus, Indiana 47201

Lincoln Village Coop

5135 N Lincoln Village Dr, Columbus, Indiana 47203

Dogwood Place

730 Schnier St, Columbus, Indiana 47201

Booth Manor Columbus

2525 Illinois Ave, Columbus, Indiana 47201

The Lofts at Ashford

1539 10th St, Columbus, Indiana 47201

Arbors at Waters Edge ( Fka Arbors at Princeton Park )

4060 N 150 W, Columbus, Indiana 47201

Cambridge Square

3301 McKinley Ave, Columbus, Indiana 47201

The Armory - 2

646 Franklin St, Columbus, Indiana 47201

Foxpointe Commons

4740 Fox Trail Ln, Columbus, Indiana 47203

Prestwick Square of Columbus II

420 Wint Ln, Columbus, Indiana 47201

Gladstone Apartments

411 South Gladstone Avenue, Columbus, Indiana 47201

Heritage Woods

222 Sycamore St, Columbus, Indiana 47201

Fox Pointe Place

4735 Fox Trail Ln, Columbus, Indiana 47203

Heritage Woods Phase II

801 McClure Rd, Columbus, Indiana 47201

Open Until Further Notice

Reported On February 23rd, 2024 by Colleen Carter

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Columbus, Indiana
$22.65/hour
$15.40 (+212%) more than Indiana minimum wage and $15.40 (+212%) more than the Federal minimum wage.
Learn More About Columbus, Indiana Affordable Housing ↓

What HUD offices serve Columbus, 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), Public Housing programs for Columbus, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Columbus, Indiana.

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

How many renters live in Columbus, Indiana?

The City of Columbus has 50,896 people living in 21,194 households.

There are 17,309 renters living in 8,443 renter households in this City. Renters make up 34.01 percent of the population living in Columbus.

What is the rental market like in Columbus, Indiana?

There are an estimated 22,492 housing units in the Columbus area. Of these, 8,880 units are rental homes, making up 39 percent of the housing market. For every renter household in Columbus, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Columbus?

The rental vacancy rate in Columbus is 3 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 Columbus for each bedroom size?

Occupied Rental Units by Size in Columbus
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
413 2,611 3,517 1,651 215
Occupied Rental Units by Size in Columbus

A large number of apartments in Columbus 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 Columbus are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 19 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 Columbus

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,037 to $1,669. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,037
One BR $1,065
Two BR $1,196
Three BR $1,539
Four BR $1,669
2024 Fair Market Rents in Columbus, Indiana

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

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
Studio 236 57 percent
One BR 1,371 53 percent
Two BR 1,873 53 percent
Rental Units Below FMR in Columbus, Indiana

How many affordable rental units are in Columbus?

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

Federal Program Unit Count
Low Income Housing Tax Credit 951
Public Housing 156
Section 8 Project-Based Rental Assistance 396
Section 202 Supportive Housing for the Elderly 58
Section 811 Supportive Housing for Persons with Disabilities 42
USDA Section 515 Rural Rental Housing 28
Tracked Units by Federal Program in Columbus, Indiana

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

Income Based Apartments in Columbus, Indiana

Columbus features 456 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 Columbus, Indiana

There are 868 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbus.

Housing Choice Vouchers in Columbus, Indiana

On average, Section 8 Housing Choice vouchers pay Columbus landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Columbus.

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbus, Indiana for a two-bedroom apartment is between $1,076 and $1,316.

Sourced from federal housing data and AffordableHousingOnline.com research.