Low Income Apartments and Affordable Housing For Rent in Ohio County, IN

Discover affordable housing in Ohio County where there are 5+ 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.

Northridge Apartments

1114 Fifth Street, Rising Sun, Indiana 47040

Willow Trace Apartments

6974 Morning Sun Lane, Rising Sun, Indiana 47040

Hoosier Haven Apartments

212 S Poplar St, Rising Sun, Indiana 47040

Candlewood Place Apartments

1115 Burgess Ave, Rising Sun, Indiana 47040

Hoosier Boy and Hoosier Girl

211 S Walnut St, Rising Sun, Indiana 47040

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 Ohio County, 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 Ohio County, Indiana Affordable Housing ↓

What HUD offices serve Ohio County, 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 Ohio County, Indiana.

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

How many renters live in Ohio County, Indiana?

The County of Ohio County has 5,974 people living in 2,552 households.

There are 1,232 renters living in 576 renter households in this County. Renters make up 20.62 percent of the population living in Ohio County.

What is the rental market like in Ohio County, Indiana?

There are an estimated 2,736 housing units in the Ohio County area. Of these, 611 units are rental homes, making up 22 percent of the housing market. For every renter household in Ohio County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Ohio County?

The rental vacancy rate in Ohio County is 2 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 Ohio County for each bedroom size?

Occupied Rental Units by Size in Ohio County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
23 101 206 197 41
Occupied Rental Units by Size in Ohio County

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

Among renter households in this market, 41 percent have housing cost burden. Further, 7 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 Ohio County

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 Ohio County, Indiana

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

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 17 74 percent
One BR 95 94 percent
Two BR 174 84 percent
Rental Units Below FMR in Ohio County, Indiana

How many affordable rental units are in Ohio County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Ohio County, Indiana

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

Income Based Apartments in Ohio County, Indiana

Ohio County features 100 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 Ohio County, Indiana

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ohio County.

Housing Choice Vouchers in Ohio County, Indiana

On average, Section 8 Housing Choice vouchers pay Ohio County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Ohio County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.