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

Discover affordable housing in Freelandville 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.

Freelandville Housing

1st and Indiana Street, Freelandville, Indiana 47535

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Freelandville, Indiana
$16.86/hour
$9.61 (+133%) more than Indiana minimum wage and $9.61 (+133%) more than the Federal minimum wage.
Learn More About Freelandville, Indiana Affordable Housing ↓

What HUD offices serve Freelandville, 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), Public Housing programs for Freelandville, Indiana.

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

How many renters live in Freelandville, Indiana?

The City of Freelandville has 734 people living in 262 households.

There are 80 renters living in 80 renter households in this City. Renters make up 10.9 percent of the population living in Freelandville.

What is the rental market like in Freelandville, Indiana?

There are an estimated 262 housing units in the Freelandville area. Of these, 80 units are rental homes, making up 31 percent of the housing market. For every renter household in Freelandville, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Freelandville?

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

Occupied Rental Units by Size in Freelandville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 27 0 53 0
Occupied Rental Units by Size in Freelandville

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

Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Freelandville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $619 to $1,185. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $619
One BR $677
Two BR $890
Three BR $1,076
Four BR $1,185
2024 Fair Market Rents in Freelandville, Indiana

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

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 27 100 percent
Rental Units Below FMR in Freelandville, Indiana

How many affordable rental units are in Freelandville?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 14
Tracked Units by Federal Program in Freelandville, Indiana

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

Income Based Apartments in Freelandville, Indiana

Freelandville features 14 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 Freelandville, Indiana

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

Housing Choice Vouchers in Freelandville, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Freelandville, Indiana for a two-bedroom apartment is between $801 and $979.

Sourced from federal housing data and AffordableHousingOnline.com research.