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

Discover affordable housing in Churubusco where there are 3+ 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.

Kyler Ridge

216 W. Pleasant Street, Churubusco, Indiana 46723

Blue River Churubusco

235 E Clingerman Ave, Churubusco, Indiana 46723

Vandalia Apartments Landmark Management

8580 E. U.S 33, Churubusco, Indiana

calendar_today Opened: Nov 14
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Churubusco, Indiana
$20.63/hour
$13.38 (+184%) more than Indiana minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Churubusco, Indiana Affordable Housing ↓

What HUD offices serve Churubusco, 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 Churubusco, Indiana.

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

How many renters live in Churubusco, Indiana?

The City of Churubusco has 1,829 people living in 767 households.

There are 381 renters living in 233 renter households in this City. Renters make up 20.83 percent of the population living in Churubusco.

What is the rental market like in Churubusco, Indiana?

There are an estimated 818 housing units in the Churubusco area. Of these, 273 units are rental homes, making up 33 percent of the housing market. For every renter household in Churubusco, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Churubusco?

The rental vacancy rate in Churubusco is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Churubusco for each bedroom size?

Occupied Rental Units by Size in Churubusco
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 116 68 28 18
Occupied Rental Units by Size in Churubusco

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

Among renter households in this market, 24 percent have housing cost burden. Further, 17 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 Churubusco

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,499. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $895
Two BR $1,089
Three BR $1,379
Four BR $1,499
2024 Fair Market Rents in Churubusco, Indiana

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

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 1 33 percent
One BR 83 72 percent
Two BR 57 84 percent
Rental Units Below FMR in Churubusco, Indiana

How many affordable rental units are in Churubusco?

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

Federal Program Unit Count
Low Income Housing Tax Credit 35
Section 202 Supportive Housing for the Elderly 22
Tracked Units by Federal Program in Churubusco, Indiana

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

Income Based Apartments in Churubusco, Indiana

Churubusco features 46 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 Churubusco, Indiana

There are 35 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Churubusco.

Housing Choice Vouchers in Churubusco, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Churubusco, Indiana for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.