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

Discover affordable housing in Plainfield 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.

Mill Run Apartments

230 Mill Run Drive, Plainfield, Indiana 46168

Haven Homes

556 Ally Boulevard, Plainfield, Indiana 46168

Kinnley Court Apartments

3650 Clarks Creek Road Plainfield, IN , Plainfield, Indiana 46168

Harper's Crossing

311 Harpers Crossing, Plainfield, Indiana 46168

Gladden Farms II Apartments

311 Country Ln, Plainfield, Indiana 46168

calendar_today Opened: Aug 1
Open Until Further Notice

Reported On January 29th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Plainfield, 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 Plainfield, Indiana Affordable Housing ↓

What HUD offices serve Plainfield, 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 Plainfield, Indiana.

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

How many renters live in Plainfield, Indiana?

The City of Plainfield has 35,078 people living in 12,828 households.

There are 10,885 renters living in 4,705 renter households in this City. Renters make up 31.03 percent of the population living in Plainfield.

What is the rental market like in Plainfield, Indiana?

There are an estimated 13,303 housing units in the Plainfield area. Of these, 4,958 units are rental homes, making up 37 percent of the housing market. For every renter household in Plainfield, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Plainfield?

The rental vacancy rate in Plainfield is 3 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 Plainfield for each bedroom size?

Occupied Rental Units by Size in Plainfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
118 1,115 2,045 1,126 301
Occupied Rental Units by Size in Plainfield

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

Among renter households in this market, 36 percent have housing cost burden. Further, 13 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 Plainfield

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 Plainfield, Indiana

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

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 58 49 percent
One BR 671 60 percent
Two BR 1,175 57 percent
Rental Units Below FMR in Plainfield, Indiana

How many affordable rental units are in Plainfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 284
Section 8 Project-Based Rental Assistance 117
Tracked Units by Federal Program in Plainfield, Indiana

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

Income Based Apartments in Plainfield, Indiana

Plainfield features 116 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 Plainfield, Indiana

There are 256 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Plainfield.

Housing Choice Vouchers in Plainfield, Indiana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.