Affordable Housing In East Chicago
Lake County, Indiana

14 Low Income Apartment Communities In East Chicago

Lakeside Garden Apartments

3806 Erie Ct
East Chicago, IN
Income Based
1-3 BR
HCV Welcome

Harbor Meadows

3521 Pennsylvania Ave
East Chicago, IN
Subsidized

Harborside Apartments

3610 Alder St
East Chicago, IN
Subsidized

Tri - City Mental Health Center

4866 Tod Ave
East Chicago, IN
Accessible
Disabled Supportive Housing
Subsidized

Northtown Village Senior Apartments

2320 Broadway St
East Chicago, IN
Subsidized

Northtown Village Townhomes ( Shores on Broadway )

3600 Pulaski St
East Chicago, IN
HCV Welcome

Cardinal Terrace Apartments

501 E Chicago Ave
East Chicago, IN
HCV Welcome

N Harbor ,

3715 Euclid Ave
East Chicago, IN
HCV Welcome

Cal - View Apartments

Guthrie St
East Chicago, IN
HCV Welcome

James Hunter

3625 Pulaski St
East Chicago, IN

Housing Authorities that serve East Chicago

Housing Authority Programs
East Chicago Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in East Chicago, Indiana

According to federal housing data and AffordableHousingOnline.com research, there are 14 low income housing apartment communities offering 2,052 affordable apartments for rent in East Chicago, Indiana. East Chicago features 1,243 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 809 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in East Chicago.

East Chicago, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 2,052
Total Housing Units with Rental Assistance 1,243
Percentage of Housing Units Occupied By Renters 55.44%
Average Renter Household Size 2.84
Average Household Size 2.88
Median Household Income $26,486 ±$2,082
Median Rent $663 ±$22
Percentage Of Renters Overburdened 49.9% ± 5.27pp
Total Population 29,178

Population and Household Demographics

East Chicago is a City in Lake County, Indiana with a population of 29,178. There are 10,106 households in the city with an average household size of 2.88 persons. 55.44% of households in East Chicago are renters.

Income and Rent Overburden in East Chicago

The median gross income for households in East Chicago is $26,486 a year, or $2,207 a month. The median rent for the city is $663 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In East Chicago, a household making less than $2,210 a month would be considered overburdened when renting an apartment at or above the median rent. 49.9% of households who rent are overburdened in East Chicago.1

Area Median Income In East Chicago

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 East Chicago, the AMI is calculated from all households within Lake County.

In East Chicago, HUD calculates the Area Median Income for a family of four as $72,800

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 East Chicago

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 East Chicago HUD Rental Assistance in East Chicago

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,500 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
80% of Median $40,800 $46,600 $52,450 $58,250 $62,950 $67,600 $72,250 $76,900
Low Income Housing Tax Credits in East Chicago

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

From 1989 to 2011, 6 low income apartment communities containing 1,064 rental apartments have been constructed and made affordable to low income persons in East Chicago 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 East Chicago

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
60% of Median $30,600 $34,980 $39,360 $43,680 $47,220 $50,700 $54,180 $57,660

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 East Chicago is $39,360 a year, or $3,280 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,280 by 30% to get a maximum rent of $984 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% $638 $683 $820 $947 $1,056 $1,165
60% $765 $820 $984 $1,136 $1,268 $1,398
Fair Market Rents in East Chicago

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
$597 $746 $917 $1,143 $1,292