What HUD offices serve North Manchester, 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.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near North Manchester.
How many renters live in North Manchester, Indiana?
The City of North Manchester has 5,017 people living in 1,801 households.
There are 877 renters living in 414 renter households in this City. Renters make up 17.48 percent of the population living in North Manchester.
What is the rental market like in North Manchester, Indiana?
There are an estimated 2,265 housing units in the North Manchester area. Of these, 485 units are rental homes, making up 21 percent of the housing market. For every renter household in North Manchester, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in North Manchester?
The rental vacancy rate in North Manchester is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in North Manchester for each bedroom size?
Occupied Rental Units by Size in North Manchester
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 21 | 89 | 209 | 31 | 43 |
Occupied Rental Units by Size in North Manchester
A large number of apartments in North Manchester 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 North Manchester are overburdened by housing costs?
Among renter households in this market, 50 percent have housing cost burden. Further, 33 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 North Manchester
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $602 to $1,153. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $602 |
| One BR | $659 |
| Two BR | $866 |
| Three BR | $1,047 |
| Four BR | $1,153 |
2024 Fair Market Rents in North Manchester, Indiana
How many units are rented at Fair Market Rent (FMR) in North Manchester?
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 | 0 | 100 percent |
| One BR | 44 | 49 percent |
| Two BR | 77 | 37 percent |
Rental Units Below FMR in North Manchester, Indiana
How many affordable rental units are in North Manchester?
There are a variety of federal affordable housing programs serving households in North Manchester, Indiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 64 |
| USDA Section 515 Rural Rental Housing | 88 |
Tracked Units by Federal Program in North Manchester, Indiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Manchester, Indiana
North Manchester features 88 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 North Manchester, Indiana
There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Manchester.
Housing Choice Vouchers in North Manchester, Indiana
On average, Section 8 Housing Choice vouchers pay North Manchester landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in North Manchester.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Manchester, Indiana for a two-bedroom apartment is between $779 and $953.
Sourced from federal housing data and AffordableHousingOnline.com research.
