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

Discover affordable housing in Clinton where there are 8+ 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.

Meadow Park Apartments

645 Clinton St, Clinton, Indiana 47842

Rivers Edge Apartments

234 S Main St, Clinton, Indiana 47842

Clinton Chateau

528 S Main St, Clinton, Indiana 47842

Clinton Apartments

465 S 11th St, Clinton, Indiana

Clinton Courts

1601 Fairway Cts, Clinton, Indiana 47842

Aragon Apartments

1500 N 7th St, Clinton, Indiana 47842

Garfield Commons Apartments

17673 Kingsbrooke Circle , Clinton, Indiana 48038

Wildwood Apts

1508 North 8th Street, Clinton, Indiana

calendar_today Opened: Jun 1
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clinton, Indiana
$18.26/hour
$11.01 (+152%) more than Indiana minimum wage and $11.01 (+152%) more than the Federal minimum wage.
Learn More About Clinton, Indiana Affordable Housing ↓

What HUD offices serve Clinton, 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 Clinton, Indiana.

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

How many renters live in Clinton, Indiana?

The City of Clinton has 4,821 people living in 2,060 households.

There are 1,752 renters living in 845 renter households in this City. Renters make up 36.34 percent of the population living in Clinton.

What is the rental market like in Clinton, Indiana?

There are an estimated 2,247 housing units in the Clinton area. Of these, 845 units are rental homes, making up 38 percent of the housing market. For every renter household in Clinton, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Clinton?

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

Occupied Rental Units by Size in Clinton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
87 76 469 213 0
Occupied Rental Units by Size in Clinton

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

Among renter households in this market, 46 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 Clinton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $741 to $1,398. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $741
One BR $766
Two BR $964
Three BR $1,166
Four BR $1,398
2024 Fair Market Rents in Clinton, Indiana

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

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 39 45 percent
One BR 60 79 percent
Two BR 377 80 percent
Rental Units Below FMR in Clinton, Indiana

How many affordable rental units are in Clinton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 147
Section 8 Project-Based Rental Assistance 144
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Clinton, Indiana

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

Income Based Apartments in Clinton, Indiana

Clinton features 284 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 Clinton, Indiana

There are 99 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clinton.

Housing Choice Vouchers in Clinton, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Clinton, Indiana for a two-bedroom apartment is between $868 and $1,060.

Sourced from federal housing data and AffordableHousingOnline.com research.