Low Income Apartments and Affordable Housing For Rent in Delaware County, IN

Discover affordable housing in Delaware County where there are 31+ 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.

Salem Place Apartments

14700 Davis Drive, Daleville, Indiana 47334

The Lofts at Roberts

420 South High Street, Muncie, Indiana 47305

Cambridge Square Muncie

1601 E McGalliard Rd, Muncie, Indiana 47303

Carriage House

3969 N Everett Rd, Muncie, Indiana 47304

Pilgrim Place

1700 S Pilgrim Blvd, Yorktown, Indiana 47396

Millennium Place IV

915 S Vine St, Muncie, Indiana 47302

Daley Apartments

1312 E. Bunch Boulevard, Muncie, Indiana 47303

Millennium Place II

809 S Madison St, Muncie, Indiana 47302

Millennium Place I

810 S Monroe St, Muncie, Indiana 47302

Grandview Square Coop

1421 S Andrews Rd, Yorktown, Indiana 47396

Gillbeke Apartments

2621 N Elgin St, Muncie, Indiana 47303

Hillcroft Muncie

1803 N Elm St, Muncie, Indiana 47303

Elgin Manor Apartments

2573 N Elgin St, Muncie, Indiana 47303

Calvary Plaza

200 E 26th St, Muncie, Indiana 47302

Millennium Place III

900 S Jefferson St, Muncie, Indiana 47302

Howard Square

550 S Jefferson St, Muncie, Indiana 47305

Woods Edge Apartments

4700 W Woods Edge Ln, Muncie, Indiana 47304

Ashgrove Crossing

4001 N Walnut St, Muncie, Indiana 47303

Muncie

1301 S Rochester Ave, Muncie, Indiana 47302

Wilson School Apartments

301 W 13th St, Muncie, Indiana 47302

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Delaware County, Indiana
$18.03/hour
$10.78 (+149%) more than Indiana minimum wage and $10.78 (+149%) more than the Federal minimum wage.
Learn More About Delaware County, Indiana Affordable Housing ↓

What HUD offices serve Delaware County, 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), Public Housing programs for Delaware County, Indiana.

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

How many renters live in Delaware County, Indiana?

The County of Delaware County has 112,031 people living in 47,478 households.

There are 31,778 renters living in 16,045 renter households in this County. Renters make up 28.37 percent of the population living in Delaware County.

What is the rental market like in Delaware County, Indiana?

There are an estimated 51,632 housing units in the Delaware County area. Of these, 17,508 units are rental homes, making up 34 percent of the housing market. For every renter household in Delaware County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Delaware County?

The rental vacancy rate in Delaware County is 6 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 Delaware County for each bedroom size?

Occupied Rental Units by Size in Delaware County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
702 3,157 5,996 4,708 1,032
Occupied Rental Units by Size in Delaware County

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

Among renter households in this market, 51 percent have housing cost burden. Further, 31 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 Delaware County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $708 to $1,383. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $708
One BR $784
Two BR $952
Three BR $1,280
Four BR $1,383
2024 Fair Market Rents in Delaware County, Indiana

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

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 399 57 percent
One BR 2,264 72 percent
Two BR 3,707 62 percent
Rental Units Below FMR in Delaware County, Indiana

How many affordable rental units are in Delaware County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,017
Public Housing 521
Section 8 Project-Based Rental Assistance 382
Section 202 Supportive Housing for the Elderly 59
Section 811 Supportive Housing for Persons with Disabilities 59
USDA Section 515 Rural Rental Housing 46
Tracked Units by Federal Program in Delaware County, Indiana

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

Income Based Apartments in Delaware County, Indiana

Delaware County features 1,109 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 Delaware County, Indiana

There are 474 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Delaware County.

Housing Choice Vouchers in Delaware County, Indiana

On average, Section 8 Housing Choice vouchers pay Delaware County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Delaware County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Delaware County, Indiana for a two-bedroom apartment is between $857 and $1,047.

Sourced from federal housing data and AffordableHousingOnline.com research.