Affordable Housing In Elkhart
Elkhart County, Indiana

20 Low Income Apartment Communities In Elkhart

Ashton Pines Apartment Homes

4353 Balsam Fir Ln
Elkhart, IN
1-4 BR
HCV Welcome

Gardenview Senior Apartments

1119 N Main St
Elkhart, IN
Call For Rent
1-2 BR
HCV Welcome

Stratford Commons

2601 Oakland Ave
Elkhart, IN
Income Based
1-2 BR

Town and Country Apartments

1221 Georgia Blvd
Elkhart, IN

Oaklawn Apartments

2518 Oakland Ave
Elkhart, IN
Elderly Supportive Housing

Carriage House Elkhart

1200 Burr Oak Ct
Elkhart, IN

Briarwood Village

3406 Pleasant Plain Ave
Elkhart, IN

Gardenview Senior Apartments

1119 N. Main Street Elkhart, IN
Elkhart, IN

Roosevelt Center

215 E Indiana Ave
Elkhart, IN
HCV Welcome

River Run Apartments ( Fka Prairie Village Apartments )

740 Prairie St
Elkhart, IN
HCV Welcome

Housing Authorities that serve Elkhart

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

Guide To Affordable Housing in Elkhart, Indiana

There are 20 low income housing apartment communities offering 2,458 affordable apartments for rent in Elkhart, Indiana. Elkhart features 1,345 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,058 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Elkhart.

Sourced from federal housing data and research.

Elkhart, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 2,458
Total Housing Units with Rental Assistance 1,345
Percentage of Housing Units Occupied By Renters 51.76%
Average Renter Household Size 2.64
Average Household Size 2.67
Median Household Income $35,371 ±$1,496
Median Rent $695 ±$17
Percentage Of Renters Overburdened 45.15% ± 4.64pp
Total Population 52,354

Population and Household Demographics

Elkhart is a City in Elkhart County, Indiana with a population of 52,354. There are 19,232 households in the city with an average household size of 2.67 persons. 51.76% of households in Elkhart are renters.

Income and Rent Overburden in Elkhart

The median gross income for households in Elkhart is $35,371 a year, or $2,948 a month. The median rent for the city is $695 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Elkhart, a household making less than $2,317 a month would be considered overburdened when renting an apartment at or above the median rent. 45.15% of households who rent are overburdened in Elkhart.1

Area Median Income In Elkhart

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 Elkhart, the AMI is calculated from all households within Elkhart County.

In Elkhart, HUD calculates the Area Median Income for a family of four as $69,100

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 Elkhart

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 Elkhart HUD Rental Assistance in Elkhart

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,150 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,550 $26,900 $30,250 $33,600 $36,300 $39,000 $41,700 $44,400
80% of Median $37,650 $43,000 $48,400 $53,750 $58,050 $62,350 $66,650 $70,950
Low Income Housing Tax Credits in Elkhart

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

From 1996 to 2010, 9 low income apartment communities containing 1,127 rental apartments have been constructed and made affordable to low income persons in Elkhart 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 Elkhart

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,550 $26,900 $30,250 $33,600 $36,300 $39,000 $41,700 $44,400
60% of Median $28,260 $32,280 $36,300 $40,320 $43,560 $46,800 $50,040 $53,280

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 Elkhart is $36,300 a year, or $3,025 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,025 by 30% to get a maximum rent of $908 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% $589 $631 $756 $874 $975 $1,076
60% $707 $757 $908 $1,049 $1,170 $1,292
Fair Market Rents in Elkhart

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
$532 $630 $817 $1,029 $1,129