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

Discover affordable housing in Chrisney where there are 1+ 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.

Chrisney Community Apartments

46 S College St, Chrisney, Indiana 47611

calendar_today Opened: Jan 15
Open Until Further Notice

Reported On January 15th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chrisney, 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 Chrisney, Indiana Affordable Housing ↓

What HUD offices serve Chrisney, 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 Chrisney, Indiana.

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

How many renters live in Chrisney, Indiana?

The City of Chrisney has 443 people living in 158 households.

There are 64 renters living in 38 renter households in this City. Renters make up 14.45 percent of the population living in Chrisney.

What is the rental market like in Chrisney, Indiana?

There are an estimated 163 housing units in the Chrisney area. Of these, 43 units are rental homes, making up 26 percent of the housing market. For every renter household in Chrisney, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Chrisney?

The rental vacancy rate in Chrisney 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 Chrisney for each bedroom size?

Occupied Rental Units by Size in Chrisney
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 21 17 0 0
Occupied Rental Units by Size in Chrisney

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

Among renter households in this market, 63 percent have housing cost burden. Further, 21 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 Chrisney

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $585 to $1,407. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $585
One BR $657
Two BR $863
Three BR $1,184
Four BR $1,407
2024 Fair Market Rents in Chrisney, Indiana

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

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 19 90 percent
Two BR 12 71 percent
Rental Units Below FMR in Chrisney, Indiana

How many affordable rental units are in Chrisney?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 22
Tracked Units by Federal Program in Chrisney, Indiana

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

Income Based Apartments in Chrisney, Indiana

Chrisney features 22 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 Chrisney, Indiana

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

Housing Choice Vouchers in Chrisney, Indiana

On average, Section 8 Housing Choice vouchers pay Chrisney landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Chrisney.

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

Sourced from federal housing data and AffordableHousingOnline.com research.