Affordable Housing In Dyer
Lake County, Indiana

Affordable Housing programs support 0 income based apartments in Dyer where households pay rent based on how much they earn.

There are 0 affordable apartments in Dyer that offer reduced rents to low-income households.

Waiting Lists in Dyer, Indiana

There are no open Section 8 Housing Choice Voucher waiting lists in Dyer. Go to the Indiana Section 8 Waiting Lists page for openings near Dyer.

Affordable Housing Near Dyer

View affordable apartments and waiting lists in cities near Dyer

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Dyer, Indiana Affordable Housing Data

Income Based Apartments in Dyer, Indiana

Dyer features 0 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 Dyer, Indiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dyer.

Housing Choice Vouchers in Dyer, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dyer, Indiana for a two-bedroom apartment is between $900 and $1,100.

2023 Dyer, 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
Dyer, Indiana Fair Market Rent $677 $815 $1,000 $1,227 $1,361
Dyer, Indiana Payment Standard Range $609 to $745 $734 to $897 $900 to $1,100 $1,104 to $1,350 $1,225 to $1,497

Sourced from federal housing data and AffordableHousingOnline.com research.

Dyer, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 8.64%
Average Renter Household Size 2.24
Average Household Size 2.75
Median Household Income $79,708 ±$4,436
Median Rent $979 ±$69
Percentage Of Renters Overburdened 19.96% ± 13.02pp
Total Population 16,257

Population and Household Demographics

Dyer is a city in Lake County, Indiana with a population of 16,257. There are 5,797 households in the city with an average household size of 2.75 persons. 8.64% of households in Dyer are renters.

Income and Rent Overburden in Dyer

The median gross income for households in Dyer is $79,708 a year, or $6,642 a month. The median rent for the city is $979 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dyer, a household making less than $3,263 a month would be considered overburdened when renting an apartment at or above the median rent. 19.96% of households who rent are overburdened in Dyer.

Area Median Income In Dyer

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Dyer, the AMI is calculated from all households within Lake County.

In Dyer, HUD calculates the Area Median Income for a family of four as $85,000

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 Dyer

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 HUD Rental Assistance in Dyer

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Dyer AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,750 $20,250 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Dyer AMI may qualify for rental assistance programs that target Very Low Income households.
$29,550 $33,800 $38,000 $42,200 $45,600 $49,000 $52,350 $55,750
80% AMI Income Limits
Renters earning up to 80% of the Dyer AMI may qualify for rental assistance programs that target Low Income households.
$47,250 $54,000 $60,750 $67,500 $72,900 $78,300 $83,700 $89,100