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

Discover affordable housing in Auburn where there are 11+ 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.

Wesley Park Apartments

1304 Wesley Road, Auburn, Indiana 46706

Hope's Landing

100 S Duesenberg Dr, Auburn, Indiana 46706

Jerry Junction

1250 Rohm Dr, Auburn, Indiana 46706

Indian Terrace II

102 Ontario Ln, Auburn, Indiana 0

Indian Terrace Villas IV

901 Martz Dr, Auburn, Indiana 46706

Indian Terrace Villas V

813 Martz Dr, Auburn, Indiana 46706

Carmel Ridge Apartments Dba Valley Creek Apartments

1107 W 15th St, Auburn, Indiana 46706

Indian Terrace Villas II

1110 Huron Way, Auburn, Indiana 46706

Indian Terrace I Pk Housing & Mgt Co

1100 Huron Way, Auburn, Indiana

Indian Terrace II Deardorf Property

1000 Ontario Ln, Auburn, Indiana 46706

Senior Rental Apartments

120 Betz Rd, Auburn, Indiana 46706

calendar_today Opened: Nov 14
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 Auburn, Indiana
$16.34/hour
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Auburn, Indiana Affordable Housing ↓

What HUD offices serve Auburn, 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 Auburn, Indiana.

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

How many renters live in Auburn, Indiana?

The City of Auburn has 13,316 people living in 5,578 households.

There are 3,394 renters living in 1,509 renter households in this City. Renters make up 25.49 percent of the population living in Auburn.

What is the rental market like in Auburn, Indiana?

There are an estimated 5,774 housing units in the Auburn area. Of these, 1,601 units are rental homes, making up 28 percent of the housing market. For every renter household in Auburn, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Auburn?

The rental vacancy rate in Auburn is 6 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 Auburn for each bedroom size?

Occupied Rental Units by Size in Auburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 259 951 293 6
Occupied Rental Units by Size in Auburn

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

Among renter households in this market, 33 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 Auburn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,499. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $895
Two BR $1,089
Three BR $1,379
Four BR $1,499
2024 Fair Market Rents in Auburn, Indiana

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

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 147 57 percent
Two BR 481 51 percent
Rental Units Below FMR in Auburn, Indiana

How many affordable rental units are in Auburn?

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

Federal Program Unit Count
Low Income Housing Tax Credit 189
Section 8 Project-Based Rental Assistance 72
Tracked Units by Federal Program in Auburn, Indiana

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

Income Based Apartments in Auburn, Indiana

Auburn features 152 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 Auburn, Indiana

There are 275 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Auburn.

Housing Choice Vouchers in Auburn, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Auburn, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.