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

Discover affordable housing in Chesterton where there are 4+ 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.

1067 Scarborough Ct Unit G6

1067 Scarborough Ct Unit G6, Chesterton, Indiana 46304

bed 2
payment $1195/mo.

1067 Scarborough Ct Unit G2

1067 Scarborough Ct Unit G2, Chesterton, Indiana 46304

bed 2
payment $1195/mo.

417 W Lincoln Ave

417 W Lincoln Ave, Chesterton, Indiana 46304

bed 2
payment $895/mo.

The Orchard III Apartments

700 Waverly Rd, Chesterton, Indiana 46304

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Chesterton, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Apr 1
Open Until Further Notice
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Reported On September 29th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chesterton, Indiana
$23.75/hour
$16.50 (+228%) more than Indiana minimum wage and $16.50 (+228%) more than the Federal minimum wage.
Learn More About Chesterton, Indiana Affordable Housing ↓

What HUD offices serve Chesterton, 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 Chesterton, Indiana.

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

How many renters live in Chesterton, Indiana?

The City of Chesterton has people living in households.

There are renters living in renter households in this City. Renters make up 22.83 percent of the population living in Chesterton.

What is the rental market like in Chesterton, Indiana?

There are an estimated housing units in the Chesterton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Chesterton, Indiana, there are 1.02 rental units.

What is the vacancy rate for rentals in Chesterton?

The rental vacancy rate in Chesterton is 2 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 Chesterton for each bedroom size?

Occupied Rental Units by Size in Chesterton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 305 885 358 54
Occupied Rental Units by Size in Chesterton

A large number of apartments in Chesterton have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Chesterton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $869 to $1,672. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $869
One BR $1,027
Two BR $1,254
Three BR $1,539
Four BR $1,672
2024 Fair Market Rents in Chesterton, Indiana

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

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 25 76 percent
One BR 200 66 percent
Two BR 511 58 percent
Rental Units Below FMR in Chesterton, Indiana

How many affordable rental units are in Chesterton?

Income Based Apartments in Chesterton, Indiana

Chesterton features 0 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 Chesterton, Indiana

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chesterton.

Housing Choice Vouchers in Chesterton, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chesterton, Indiana for a two-bedroom apartment is between $1,129 and $1,379.

Sourced from federal housing data and AffordableHousingOnline.com research.

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