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

Discover affordable housing in Clarksville where there are 3+ 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.

Yellowwood Terrace Apartments

2100 Greentree North, Clarksville, Indiana 47129

Fairington Clarksville

2134 Lombardy Dr, Clarksville, Indiana 47129

Millrun Apartments

1418 Marlowe Dr, Clarksville, Indiana 47129

calendar_today Opened: Jul 26
Open Until Further Notice

Reported On January 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clarksville, Indiana
$24.64/hour
$17.39 (+240%) more than Indiana minimum wage and $17.39 (+240%) more than the Federal minimum wage.
Learn More About Clarksville, Indiana Affordable Housing ↓

What HUD offices serve Clarksville, 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 Clarksville, Indiana.

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

How many renters live in Clarksville, Indiana?

The City of Clarksville has 22,087 people living in 8,981 households.

There are 7,926 renters living in 3,607 renter households in this City. Renters make up 35.89 percent of the population living in Clarksville.

What is the rental market like in Clarksville, Indiana?

There are an estimated 9,884 housing units in the Clarksville area. Of these, 4,150 units are rental homes, making up 42 percent of the housing market. For every renter household in Clarksville, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Clarksville?

The rental vacancy rate in Clarksville is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Clarksville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
87 1,295 1,356 780 89
Occupied Rental Units by Size in Clarksville

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

Among renter households in this market, 52 percent have housing cost burden. Further, 23 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 Clarksville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $976 to $1,955. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $976
One BR $1,077
Two BR $1,301
Three BR $1,701
Four BR $1,955
2024 Fair Market Rents in Clarksville, Indiana

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

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 49 56 percent
One BR 998 77 percent
Two BR 1,064 78 percent
Rental Units Below FMR in Clarksville, Indiana

How many affordable rental units are in Clarksville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 197
Public Housing 74
Section 8 Project-Based Rental Assistance 386
Tracked Units by Federal Program in Clarksville, Indiana

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

Income Based Apartments in Clarksville, Indiana

Clarksville features 402 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 Clarksville, Indiana

There are 203 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clarksville.

Housing Choice Vouchers in Clarksville, Indiana

On average, Section 8 Housing Choice vouchers pay Clarksville landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Clarksville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clarksville, Indiana for a two-bedroom apartment is between $1,171 and $1,431.

Sourced from federal housing data and AffordableHousingOnline.com research.