Affordable Housing In Bedford
Lawrence County, Indiana

8 Low Income Apartment Communities In Bedford

Cambridge Square Bedford

1941 Plaza Dr
Bedford, Indiana
Call For Rent
1 BR

Stonecutters Place Apartments

1030 16th Street
Bedford, Indiana
Call For Rent
1 BR

South Central Housing

2721 Industrial Dr
Bedford, Indiana
Disabled Supportive Housing

Hauck House Apartments.

1305 K St
Bedford, Indiana

Shawnee Apartments

100 Shawnee Ln
Bedford, Indiana

Pines Apartments of Bedford

2010 Stevens Ave
Bedford, Indiana

Clover Park II

2516 Sanders Lane
Bedford, Indiana

Clover Park I

2512 Clover Lane
Bedford, Indiana
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Housing Authorities that serve Bedford

Housing Authority Programs
Bedford Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Bedford, Indiana

There are 8 low income housing apartment communities offering 507 affordable apartments for rent in Bedford, Indiana.

Income Based Apartments in Bedford, Indiana

Bedford features 451 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 Bedford, Indiana

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bedford.

Housing Choice Vouchers in Bedford, Indiana

On average, Section 8 Housing Choice vouchers pay Bedford landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Bedford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bedford, Indiana for a two-bedroom apartment is between $692 and $846.

2021 Bedford, Indiana Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Bedford, Indiana Fair Market Rent $507 $584 $769 $956 $1,223
Bedford, Indiana Payment Standard Range $456 to $558 $526 to $642 $692 to $846 $860 to $1,052 $1,101 to $1,345

Sourced from federal housing data and research.

Bedford, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 507
Total Housing Units with Rental Assistance 451
Percentage of Housing Units Occupied By Renters 37.12%
Average Renter Household Size 2.14
Average Household Size 2.30
Median Household Income $37,706 ±$2,957
Median Rent $644 ±$28
Percentage Of Renters Overburdened 46.72% ± 7.43pp
Total Population 13,371

Population and Household Demographics

Bedford is a city in Lawrence County, Indiana with a population of 13,371. There are 5,541 households in the city with an average household size of 2.30 persons. 37.12% of households in Bedford are renters.

Income and Rent Overburden in Bedford

The median gross income for households in Bedford is $37,706 a year, or $3,142 a month. The median rent for the city is $644 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bedford, a household making less than $2,147 a month would be considered overburdened when renting an apartment at or above the median rent. 46.72% of households who rent are overburdened in Bedford.

Area Median Income In Bedford

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bedford, the AMI is calculated from all households within Lawrence County.

In Bedford, HUD calculates the Area Median Income for a family of four as $65,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bedford

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bedford

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bedford AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,050 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,100
50% AMI Income Limits
Renters earning up to 50% of the Bedford AMI may qualify for rental assistance programs that target Very Low Income households.
$23,400 $26,750 $30,100 $33,400 $36,100 $38,750 $41,450 $44,100
80% AMI Income Limits
Renters earning up to 80% of the Bedford AMI may qualify for rental assistance programs that target Low Income households.
$37,450 $42,800 $48,150 $53,450 $57,750 $62,050 $66,300 $70,600