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

Discover affordable housing in Columbus 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.

The Armory - 2

646 Franklin St, Columbus, Indiana 47201

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Cambridge Square

3301 McKinley Ave, Columbus, Indiana 47201

bed 1-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Foxpointe Commons

4740 Fox Trail Ln, Columbus, Indiana 47203

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Prestwick Square of Columbus II

420 Wint Ln, Columbus, Indiana 47201

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

The Lofts at Ashford

1539 10th St, Columbus, Indiana 47201

bed 1-2
payment $763-966/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Gladstone Apartments

411 South Gladstone Avenue, Columbus, Indiana 47201

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Heritage Woods

222 Sycamore St, Columbus, Indiana 47201

payment Subsidized

Fox Pointe Place

4735 Fox Trail Ln, Columbus, Indiana 47203

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Heritage Woods Phase II

801 McClure Rd, Columbus, Indiana 47201

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Heritage Woods

799 McClure Rd, Columbus, Indiana 47201

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Indiana Housing Fin. Authority

17th St Apartments (1601-1651), Columbus, Indiana 47201

How To Identify Affordable Housing in Columbus, 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.
Open Until Further Notice
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Reported On February 23rd, 2024 by Colleen Carter

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Columbus, Indiana
$22.65/hour
$15.40 (+212%) more than Indiana minimum wage and $15.40 (+212%) more than the Federal minimum wage.
Learn More About Columbus, Indiana Affordable Housing ↓

What HUD offices serve Columbus, 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 Columbus, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Columbus, Indiana.

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

How many renters live in Columbus, Indiana?

The City of Columbus has people living in households.

There are renters living in renter households in this City. Renters make up 34.01 percent of the population living in Columbus.

What is the rental market like in Columbus, Indiana?

There are an estimated housing units in the Columbus area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Columbus, Indiana, there are 1.05 rental units.

What is the vacancy rate for rentals in Columbus?

The rental vacancy rate in Columbus is 3 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 Columbus for each bedroom size?

Occupied Rental Units by Size in Columbus
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
413 2,611 3,517 1,651 215
Occupied Rental Units by Size in Columbus

A large number of apartments in Columbus 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 Columbus

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,037 to $1,669. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,037
One BR $1,065
Two BR $1,196
Three BR $1,539
Four BR $1,669
2024 Fair Market Rents in Columbus, Indiana

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

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 236 57 percent
One BR 1,371 53 percent
Two BR 1,873 53 percent
Rental Units Below FMR in Columbus, Indiana

How many affordable rental units are in Columbus?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Columbus, Indiana

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

Income Based Apartments in Columbus, Indiana

Columbus features 456 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 Columbus, Indiana

There are 868 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbus.

Housing Choice Vouchers in Columbus, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbus, Indiana for a two-bedroom apartment is between $1,076 and $1,316.

Sourced from federal housing data and AffordableHousingOnline.com research.

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