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

Discover affordable housing in Warren where there are 1+ 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.

Raintree Apartments Landmark Management

207 S. Grover Street, Warren, Indiana

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Warren, Indiana
$16.34/hour
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Warren, Indiana Affordable Housing ↓

What HUD offices serve Warren, 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 Warren, Indiana.

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

How many renters live in Warren, Indiana?

The City of Warren has 1,291 people living in 585 households.

There are 274 renters living in 161 renter households in this City. Renters make up 21.22 percent of the population living in Warren.

What is the rental market like in Warren, Indiana?

There are an estimated 667 housing units in the Warren area. Of these, 161 units are rental homes, making up 24 percent of the housing market. For every renter household in Warren, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Warren?

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

Occupied Rental Units by Size in Warren
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 14 58 86 3
Occupied Rental Units by Size in Warren

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

Among renter households in this market, 16 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 Warren

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $600 to $1,373. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $600
One BR $675
Two BR $863
Three BR $1,088
Four BR $1,373
2024 Fair Market Rents in Warren, Indiana

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

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 3 21 percent
Two BR 36 62 percent
Rental Units Below FMR in Warren, Indiana

How many affordable rental units are in Warren?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Warren, Indiana

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

Income Based Apartments in Warren, Indiana

Warren features 16 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 Warren, Indiana

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

Housing Choice Vouchers in Warren, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Warren, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.