Affordable Housing In Fort Wayne
Allen County, Indiana

60 Low Income Apartment Communities In Fort Wayne

Centennial Townhomes

7936 Serenity Dr
Fort Wayne, IN
Income Based
1-3 BR
Subsidized

Richfield Apartments Fort Wayne

4737 Heatherwind Dr
Fort Wayne, IN
Call For Rent
1-3 BR
Subsidized

Skyline Tower Apartments

855 Webster St
Fort Wayne, IN
$758-2,319
Studio-3 BR

East Central Towers

905 E Washington Blvd
Fort Wayne, IN
Income Based
1-2 BR
62+
Subsidized

Edsall House

310 W Berry St
Fort Wayne, IN
Call For Rent
1 BR
62+
Subsidized

Adam & Bruce Apartments

5910 Hessen Cassel Road
Fort Wayne, IN
Call For Rent
Studio-1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Fourteen91 Lofts

1491 W. Kilgore Ave
Fort Wayne, IN
$465-739
2 BR
HCV Welcome

Renaissance Pointe

2135 Hannah St
Fort Wayne, IN
Income Based
3-4 BR
Accessible
HCV Welcome

Cambridge Square Fort Wayne

7600 Cold Springs Blvd
Fort Wayne, IN
Call For Rent
1-3 BR
Subsidized

Fairington Apartments Fort Wayne

4931 Fairington Dr
Fort Wayne, IN
Call For Rent
1 BR
62+
Subsidized

There are 60 low income housing apartment complexes which contain 5,600 affordable apartments for rent in Fort Wayne. Many of these rental apartments are income based housing with 2,893 apartments that set rent based on your income. In Fort Wayne, HUD housing programs support 1,774 rental assistance apartments through programs like Project-based Section 8. There are 2,527 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Fort Wayne

Housing Authority Programs
Fort Wayne Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)

Other Housing Authorities located in Fort Wayne

Housing Authority Programs
Decatur Housing Authority Section 8 Housing Choice Voucher (HCV)
Brightpoint Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Fort Wayne, Indiana

Fort Wayne, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 60
Total Low Income Apartments 5,600
Total Rent Assisted Apartments 2,893
Percentage of Housing Units Occupied By Renters 37.38%
Average Renter Household Size 2.27
Total Population 257,059
Housing Units 102,273
Average Household Size 2.47
Median Household Income $43,774 ±$927
Median Rent $670 ±$8
Percentage Of Renters Overburdened 42.92% ± 1.74pp

Population and Household Demographics

Fort Wayne is a City in Allen County, Indiana with a population of 257,059. There are 102,273 households in the city with an average household size of 2.47 persons. 37.38% of households in Fort Wayne are renters.

Income and Rent Overburden in Fort Wayne

The median gross income for households in Fort Wayne is $43,774 a year, or $3,648 a month. The median rent for the city is $670 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Wayne, a household making less than $2,233 a month would be considered overburdened when renting an apartment at or above the median rent. 42.92% of households who rent are overburdened in Fort Wayne.1

Area Median Income In Fort Wayne

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 Fort Wayne, the AMI is calculated from all households within Allen County.

In Fort Wayne, HUD calculates the Area Median Income for a family of four as $68,800

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 Fort Wayne

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 Fort Wayne HUD Rental Assistance in Fort Wayne

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,500 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,100 $27,550 $31,000 $34,400 $37,200 $39,950 $42,700 $45,450
80% of Median $38,550 $44,050 $49,550 $55,050 $59,500 $63,900 $68,300 $72,700
Low Income Housing Tax Credits in Fort Wayne

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

From 1989 to 2012, 30 low income apartment communities containing 2,732 rental apartments have been constructed and made affordable to low income persons in Fort Wayne 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 Fort Wayne

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,100 $27,550 $31,000 $34,400 $37,200 $39,950 $42,700 $45,450
60% of Median $28,920 $33,060 $37,200 $41,280 $44,640 $47,940 $51,240 $54,540

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 Fort Wayne is $37,200 a year, or $3,100 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,100 by 30% to get a maximum rent of $930 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% $603 $646 $775 $895 $999 $1,102
60% $723 $775 $930 $1,074 $1,199 $1,322
Fair Market Rents in Fort Wayne

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$518 $615 $778 $1,002 $1,098