Affordable Housing In Dearborn County
Indiana

16 Low Income Apartment Communities In Dearborn County

Summit Pointe

203 Deer Run Drive
Lawrenceburg, IN
$612-1,039
1-3 BR

Waterview Apartments

1200 Sycamore Estates Dr
Lawrenceburg, IN
Call For Rent
1-3 BR

Lutheran Community

15 Village Dr
Lawrenceburg, IN
62+
Accessible
Elderly Supportive Housing
Subsidized

Lawrenceburg Village

410 Valley Dr
Lawrenceburg, IN
Subsidized

Dillsboro Village Apartments

10145 Alpha Dr
Dillsboro, IN
62+
Accessible
Elderly Supportive Housing
Subsidized

Water View Apartments

1200 Sycamore Estates Drive
Lawrenceburg, IN
Income Based
1-3 BR

Village Apartments Of Lawrenceburg, L.P.

60 Doughty Road
Lawrenceburg, IN
HCV Welcome

Ludlow Apartments

283 Bielby Rd
Lawrenceburg, IN
HCV Welcome

Deer Run Apartments

600 Deer Run Dr
Lawrenceburg, IN
HCV Welcome

River Park Apartments

439 Park Ave
Aurora, IN
Subsidized

Housing Authorities that serve Dearborn County

Housing Authority Programs
Southeastern Indiana Economic Opportunity Corporation Section 8 Housing Choice Voucher (HCV); Family Self-sufficiency

Other Housing Authorities located in Dearborn County

Housing Authority Programs
Greendale Housing Authority Public Housing

Guide To Affordable Housing in Dearborn County, Indiana

According to federal housing data and AffordableHousingOnline.com research, there are 16 low income housing apartment communities offering 707 affordable apartments for rent in Dearborn County, Indiana. Dearborn County features 318 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 306 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Dearborn County.

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
Total Population 49,679

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
Low Income Housing Tax Credits in Dearborn County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2004, 7 low income apartment communities containing 389 rental apartments have been constructed and made affordable to low income persons in Dearborn County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Dearborn County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,500 $32,550 $36,600 $40,650 $43,950 $47,200 $50,450 $53,700
60% of Median $34,200 $39,060 $43,920 $48,780 $52,740 $56,640 $60,540 $64,440

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Dearborn County is $43,920 a year, or $3,660 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,660 by 30% to get a maximum rent of $1,098 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $713 $763 $915 $1,058 $1,180 $1,302
60% $855 $916 $1,098 $1,269 $1,416 $1,562
Fair Market Rents in Dearborn County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$568 $658 $865 $1,185 $1,362

Cities In Dearborn County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
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.