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

Discover affordable housing in Nashville 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.

Hawthorne Hills Senior Apartments

111 Hawthorne Drive, Nashville, Indiana 47448

Sycamore Place Apts

121 South Johnson Street, Nashville, Indiana

calendar_today Opened: Jul 14
Open Until Further Notice

Reported On January 11th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Nashville, Indiana
$25.55/hour
$18.30 (+252%) more than Indiana minimum wage and $18.30 (+252%) more than the Federal minimum wage.
Learn More About Nashville, Indiana Affordable Housing ↓

What HUD offices serve Nashville, 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 Nashville, Indiana.

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

How many renters live in Nashville, Indiana?

The City of Nashville has 1,528 people living in 781 households.

There are 424 renters living in 279 renter households in this City. Renters make up 27.75 percent of the population living in Nashville.

What is the rental market like in Nashville, Indiana?

There are an estimated 838 housing units in the Nashville area. Of these, 279 units are rental homes, making up 33 percent of the housing market. For every renter household in Nashville, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Nashville?

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

Occupied Rental Units by Size in Nashville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 108 128 29 3
Occupied Rental Units by Size in Nashville

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

Among renter households in this market, 65 percent have housing cost burden. Further, 42 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 Nashville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $982 to $2,126. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $982
One BR $1,145
Two BR $1,349
Three BR $1,758
Four BR $2,126
2024 Fair Market Rents in Nashville, Indiana

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

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 11 100 percent
One BR 103 95 percent
Two BR 108 84 percent
Rental Units Below FMR in Nashville, Indiana

How many affordable rental units are in Nashville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 57
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Nashville, Indiana

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

Income Based Apartments in Nashville, Indiana

Nashville features 20 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 Nashville, Indiana

There are 57 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nashville.

Housing Choice Vouchers in Nashville, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Nashville, Indiana for a two-bedroom apartment is between $1,214 and $1,484.

Sourced from federal housing data and AffordableHousingOnline.com research.