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

Discover affordable housing in Decatur where there are 10+ 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.

Village Green I Apartments

1127 Bollman Drive, Decatur, Indiana 46733

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Village Green Apartments

1109 Bollman St, Decatur, Indiana 46733

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized

Chase Pointe Apartments

103 Country Brook Rd, Decatur, Indiana 46733

bed 1-2
payment $384-411/mo.

Belmont Estates

158 Edgemont Dr, Decatur, Indiana 46733

payment Subsidized

2065 E Lakeside Dr

2065 E Lakeside Dr, Decatur, Indiana 46733

bed 3
payment $800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Waterbury Apartments

1150 S 14th St, Decatur, Indiana 46733

switch_access_shortcut Short Wait
accessibility Accessible

Village Green V

1139 Village Green Dr, Decatur, Indiana 46733

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Pine Crossing

131 W 500 N, Decatur, Indiana 46733

switch_access_shortcut Short Wait
accessibility Accessible

Decatur Ha

131 W Cr 500 N, Decatur, Indiana 46733

Country Brook Phase I

105 Countrybrook Rd, Decatur, Indiana 46733

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Decatur, 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: Jun 29
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

calendar_today Opened: Mar 13
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 Decatur, Indiana
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Decatur, Indiana Affordable Housing ↓

What HUD offices serve Decatur, 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, Section 8 Project-Based Voucher (PBV) programs for Decatur, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Decatur, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Decatur, Indiana.

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

How many renters live in Decatur, Indiana?

The City of Decatur has people living in households.

There are renters living in renter households in this City. Renters make up 18.67 percent of the population living in Decatur.

What is the rental market like in Decatur, Indiana?

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

What is the vacancy rate for rentals in Decatur?

The rental vacancy rate in Decatur is 5 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 Decatur for each bedroom size?

Occupied Rental Units by Size in Decatur
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
98 320 507 263 11
Occupied Rental Units by Size in Decatur

A large number of apartments in Decatur 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 Decatur

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,149. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $652
One BR $657
Two BR $863
Three BR $1,108
Four BR $1,149
2024 Fair Market Rents in Decatur, Indiana

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

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 60 61 percent
One BR 155 48 percent
Two BR 365 72 percent
Rental Units Below FMR in Decatur, Indiana

How many affordable rental units are in Decatur?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Decatur, Indiana

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

Income Based Apartments in Decatur, Indiana

Decatur features 256 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 Decatur, Indiana

There are 220 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Decatur.

Housing Choice Vouchers in Decatur, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Decatur, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.