What HUD offices serve East Chicago, 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.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near East Chicago.
How many renters live in East Chicago, Indiana?
The City of East Chicago has people living in households.
There are renters living in renter households in this City. Renters make up 52.54 percent of the population living in East Chicago.
What is the rental market like in East Chicago, Indiana?
There are an estimated housing units in the East Chicago area. Of these, units are rental homes, making up percent of the housing market. For every renter household in East Chicago, Indiana, there are 1.08 rental units.
What is the vacancy rate for rentals in East Chicago?
The rental vacancy rate in East Chicago 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 East Chicago for each bedroom size?
Occupied Rental Units by Size in East Chicago
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 122 1,413 2,405 1,514 222 Occupied Rental Units by Size in East Chicago
A large number of apartments in East Chicago have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in East Chicago?
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 106 87 percent One BR 1,367 97 percent Two BR 2,033 85 percent Rental Units Below FMR in East Chicago, Indiana
How many affordable rental units are in East Chicago?
There are a variety of federal affordable housing programs serving households in
East Chicago, Indiana including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in East Chicago, Indiana
Income Based Apartments in East Chicago, Indiana
East Chicago features 1,111 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 East Chicago, Indiana
There are 809 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Chicago.
Housing Choice Vouchers in East Chicago, Indiana
On average, Section 8 Housing Choice vouchers pay East Chicago landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in East Chicago.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Chicago, Indiana for a two-bedroom apartment is between $1,129 and $1,379.
Sourced from federal housing data and AffordableHousingOnline.com research.