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

Discover affordable housing in Taylorsville 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.

Larae Limited

, Taylorsville, Indiana

Village Apartments of Taylorsville

10033 Branton Drive, Taylorsville, Indiana

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Taylorsville, Indiana
$22.65/hour
$15.40 (+212%) more than Indiana minimum wage and $15.40 (+212%) more than the Federal minimum wage.
Learn More About Taylorsville, Indiana Affordable Housing ↓

What HUD offices serve Taylorsville, 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 Taylorsville, Indiana.

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

How many renters live in Taylorsville, Indiana?

The City of Taylorsville has 667 people living in 289 households.

There are 145 renters living in 54 renter households in this City. Renters make up 21.74 percent of the population living in Taylorsville.

What is the rental market like in Taylorsville, Indiana?

There are an estimated 336 housing units in the Taylorsville area. Of these, 54 units are rental homes, making up 16 percent of the housing market. For every renter household in Taylorsville, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Taylorsville?

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

Occupied Rental Units by Size in Taylorsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 14 0 40 0
Occupied Rental Units by Size in Taylorsville

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

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

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,037 to $1,669. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,037
One BR $1,065
Two BR $1,196
Three BR $1,539
Four BR $1,669
2024 Fair Market Rents in Taylorsville, Indiana

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

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
One BR 14 100 percent
Rental Units Below FMR in Taylorsville, Indiana

How many affordable rental units are in Taylorsville?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Taylorsville, Indiana

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

Income Based Apartments in Taylorsville, Indiana

Taylorsville features 52 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 Taylorsville, Indiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taylorsville.

Housing Choice Vouchers in Taylorsville, Indiana

On average, Section 8 Housing Choice vouchers pay Taylorsville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Taylorsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Taylorsville, Indiana for a two-bedroom apartment is between $1,076 and $1,316.

Sourced from federal housing data and AffordableHousingOnline.com research.