Affordable Housing In Dearborn County
16 Low Income Apartment Communities In Dearborn County
Housing Authorities that serve Dearborn County
|Southeastern Indiana Economic Opportunity Corporation||Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency|
Other Housing Authorities located in Dearborn County
|Greendale Housing Authority||Public Housing|
Guide To Affordable Housing in Dearborn County, Indiana
There are 16 low income housing apartment communities offering 707 affordable apartments for rent in Dearborn County, Indiana.
Income Based Apartments in Dearborn County, Indiana
Dearborn County features 318 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 Dearborn County, Indiana
There are 306 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dearborn County.
Housing Choice Vouchers in Dearborn County, Indiana
On average, Section 8 Housing Choice vouchers pay Dearborn County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Dearborn County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Dearborn County, Indiana for a two-bedroom apartment is between $779 and $952.
2020 Dearborn County, Indiana Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$568||$658||$865||$1,185||$1,362|
|Payment Standard Range||$511 to $625||$592 to $724||$779 to $952||$1,067 to $1,304||$1,226 to $1,498|
Sourced from federal housing data and AffordableHousingOnline.com research.
Dearborn County, IN Affordable Housing Snapshot
|Total Affordable Apartment Properties||16|
|Total Low Income Apartments||707|
|Total Housing Units with Rental Assistance||318|
|Percentage of Housing Units Occupied By Renters||21.4%|
|Average Renter Household Size||2.48|
|Average Household Size||2.63|
|Median Household Income||$58,680 ±$2,995|
|Median Rent||$747 ±$38|
|Percentage Of Renters Overburdened||42.15% ± 5.62pp|
Population and Household Demographics
Dearborn County is a County in Indiana with a population of 49,679. There are 18,634 households in the county with an average household size of 2.63 persons. 21.4% of households in Dearborn County are renters.
Income and Rent Overburden in Dearborn County
The median gross income for households in Dearborn County is $58,680 a year, or $4,890 a month. The median rent for the county is $747 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dearborn County, a household making less than $2,490 a month would be considered overburdened when renting an apartment at or above the median rent. 42.15% of households who rent are overburdened in Dearborn County.1
Area Median Income In Dearborn County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Dearborn County, HUD calculates the Area Median Income for a family of four as $81,300
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Dearborn County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Dearborn County HUD Rental Assistance in Dearborn County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$17,100||$19,550||$22,000||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$28,500||$32,550||$36,600||$40,650||$43,950||$47,200||$50,450||$53,700|
|80% of Median||$45,550||$52,050||$58,550||$65,050||$70,300||$75,500||$80,700||$85,900|
Cities In Dearborn County
Select A City to View its Apartment Communities and Waiting Lists.
|Lawrenceburg||10||The HUD funded Public Housing Agency that serves Lawrenceburg is the Southeastern Indiana Economic Opportunity Corporation.|
|Dillsboro||1||The HUD funded Public Housing Agency that serves Dillsboro is the Southeastern Indiana Economic Opportunity Corporation.|
|Greendale||2||The HUD funded Public Housing Agencies that serve Greendale are the Greendale Housing Authority and Southeastern Indiana Economic Opportunity Corporation.|
|Aurora||1||The HUD funded Public Housing Agency that serves Aurora is the Southeastern Indiana Economic Opportunity Corporation.|
|West Harrison||2||The HUD funded Public Housing Agency that serves West Harrison is the Southeastern Indiana Economic Opportunity Corporation.|
|Bright||0||The HUD funded Public Housing Agency that serves Bright is the Southeastern Indiana Economic Opportunity Corporation.|
|Hidden Valley||0||The HUD funded Public Housing Agency that serves Hidden Valley is the Southeastern Indiana Economic Opportunity Corporation.|
|Moores Hill||0||The HUD funded Public Housing Agency that serves Moores Hill is the Southeastern Indiana Economic Opportunity Corporation.|
|St. Leon||0||The HUD funded Public Housing Agency that serves St. Leon is the Southeastern Indiana Economic Opportunity Corporation.|