What HUD offices serve Brazil, 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.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Brazil.
How many renters live in Brazil, Indiana?
The City of Brazil has 8,114 people living in 3,324 households.
There are 2,816 renters living in 1,183 renter households in this City. Renters make up 34.71 percent of the population living in Brazil.
What is the rental market like in Brazil, Indiana?
There are an estimated 3,675 housing units in the Brazil area. Of these, 1,298 units are rental homes, making up 35 percent of the housing market. For every renter household in Brazil, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Brazil?
The rental vacancy rate in Brazil is 4 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 Brazil for each bedroom size?
Occupied Rental Units by Size in Brazil
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 292 | 603 | 274 | 14 |
Occupied Rental Units by Size in Brazil
A large number of apartments in Brazil 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 Brazil are overburdened by housing costs?
Among renter households in this market, 37 percent have housing cost burden. Further, 5 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 Brazil
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $741 to $1,398. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $741 |
| One BR | $766 |
| Two BR | $964 |
| Three BR | $1,166 |
| Four BR | $1,398 |
2024 Fair Market Rents in Brazil, Indiana
How many units are rented at Fair Market Rent (FMR) in Brazil?
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 | 209 | 72 percent |
| Two BR | 402 | 67 percent |
Rental Units Below FMR in Brazil, Indiana
How many affordable rental units are in Brazil?
There are a variety of federal affordable housing programs serving households in Brazil, Indiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 112 |
| Public Housing | 288 |
| USDA Section 515 Rural Rental Housing | 72 |
Tracked Units by Federal Program in Brazil, Indiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Brazil, Indiana
Brazil features 527 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 Brazil, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brazil.
Housing Choice Vouchers in Brazil, Indiana
On average, Section 8 Housing Choice vouchers pay Brazil landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Brazil.
The maximum amount a voucher would pay on behalf of a low-income tenant in Brazil, Indiana for a two-bedroom apartment is between $868 and $1,060.
Sourced from federal housing data and AffordableHousingOnline.com research.
