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

Discover affordable housing in Lawrenceburg where there are 12+ 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.

Summit Pointe

203 Deer Run Drive, Lawrenceburg, Indiana 47025

Waterview Apartments

1200 Sycamore Estates Dr, Lawrenceburg, Indiana 47025

Avery Apartment

40 Bellaire Dr., Lawrenceburg, Indiana 47025

Lutheran Community

15 Village Dr, Lawrenceburg, Indiana 47025

Lawrenceburg Village

410 Valley Dr, Lawrenceburg, Indiana 47025

Water View Apartments

1200 Sycamore Estates Drive, Lawrenceburg, Indiana 46204

Deer Run Apartments

600 Deer Run Dr, Lawrenceburg, Indiana 47025

Village Apartments Of Lawrenceburg, L.P.

60 Doughty Road, Lawrenceburg, Indiana 47025

Tuscany Bay

100 River Rd, Lawrenceburg, Indiana 47025

Knoll Park Apt.

2512 Knoll Ct., Lawrenceburg, Indiana

Ludlow Apartments

283 Bielby Rd, Lawrenceburg, Indiana 47025

New Highview Lp Olynger Management

100 Highview Dr, Lawrenceburg, Indiana 47025

calendar_today Opened: Mar 4
Open Until Further Notice

Reported On March 4th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lawrenceburg, Indiana
$22.63/hour
$15.38 (+212%) more than Indiana minimum wage and $15.38 (+212%) more than the Federal minimum wage.
Learn More About Lawrenceburg, Indiana Affordable Housing ↓

What HUD offices serve Lawrenceburg, 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), Family Self-Sufficiency programs for Lawrenceburg, Indiana.

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

How many renters live in Lawrenceburg, Indiana?

The City of Lawrenceburg has 5,140 people living in 2,384 households.

There are 1,767 renters living in 954 renter households in this City. Renters make up 34.38 percent of the population living in Lawrenceburg.

What is the rental market like in Lawrenceburg, Indiana?

There are an estimated 2,504 housing units in the Lawrenceburg area. Of these, 954 units are rental homes, making up 38 percent of the housing market. For every renter household in Lawrenceburg, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Lawrenceburg?

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

Occupied Rental Units by Size in Lawrenceburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 390 227 305 0
Occupied Rental Units by Size in Lawrenceburg

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

Among renter households in this market, 56 percent have housing cost burden. Further, 28 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 Lawrenceburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $810
One BR $919
Two BR $1,195
Three BR $1,588
Four BR $1,766
2024 Fair Market Rents in Lawrenceburg, Indiana

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

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 7 26 percent
One BR 363 93 percent
Two BR 220 97 percent
Rental Units Below FMR in Lawrenceburg, Indiana

How many affordable rental units are in Lawrenceburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 352
Section 8 Project-Based Rental Assistance 115
USDA Section 515 Rural Rental Housing 121
Tracked Units by Federal Program in Lawrenceburg, Indiana

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

Income Based Apartments in Lawrenceburg, Indiana

Lawrenceburg features 212 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 Lawrenceburg, Indiana

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

Housing Choice Vouchers in Lawrenceburg, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lawrenceburg, Indiana for a two-bedroom apartment is between $1,076 and $1,315.

Sourced from federal housing data and AffordableHousingOnline.com research.