Low Income Apartments and Affordable Housing For Rent in Crown Point, IN

Discover affordable housing in Crown Point where there are 2+ 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.

Cedar Springs Apartments

6500 W 126th Ave, Crown Point, Indiana 46307

In-Pact Crown Point Housing

3199 W 121st Ave, Crown Point, Indiana 46307

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crown Point, Indiana
$23.75/hour
$16.50 (+228%) more than Indiana minimum wage and $16.50 (+228%) more than the Federal minimum wage.
Learn More About Crown Point, Indiana Affordable Housing ↓

What HUD offices serve Crown Point, 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 Crown Point, Indiana.

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

How many renters live in Crown Point, Indiana?

The City of Crown Point has 33,735 people living in 12,119 households.

There are 4,121 renters living in 1,685 renter households in this City. Renters make up 12.22 percent of the population living in Crown Point.

What is the rental market like in Crown Point, Indiana?

There are an estimated 12,492 housing units in the Crown Point area. Of these, 1,685 units are rental homes, making up 13 percent of the housing market. For every renter household in Crown Point, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Crown Point?

The rental vacancy rate in Crown Point 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 Crown Point for each bedroom size?

Occupied Rental Units by Size in Crown Point
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
45 334 782 360 148
Occupied Rental Units by Size in Crown Point

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

Among renter households in this market, 31 percent have housing cost burden. Further, 12 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 Crown Point

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $869 to $1,672. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $869
One BR $1,027
Two BR $1,254
Three BR $1,539
Four BR $1,672
2024 Fair Market Rents in Crown Point, Indiana

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

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 18 40 percent
One BR 192 57 percent
Two BR 301 38 percent
Rental Units Below FMR in Crown Point, Indiana

How many affordable rental units are in Crown Point?

Income Based Apartments in Crown Point, Indiana

Crown Point features 24 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 Crown Point, Indiana

There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crown Point.

Housing Choice Vouchers in Crown Point, Indiana

On average, Section 8 Housing Choice vouchers pay Crown Point landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Crown Point.

The maximum amount a voucher would pay on behalf of a low-income tenant in Crown Point, Indiana for a two-bedroom apartment is between $1,129 and $1,379.

Sourced from federal housing data and AffordableHousingOnline.com research.