Low Income Apartments and Affordable Housing For Rent in Fortville, IN

Discover affordable housing in Fortville where there are 6+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Village Apartments of Fortville III

425 Vera Ct, Fortville, Indiana 46040

switch_access_shortcut Short Wait
accessibility Accessible

Village Apartments Fortville

750 N Madison St, Fortville, Indiana 46040

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Jefferson Place Apartments

602 Bradley Dr, Fortville, Indiana 46040

bed 1-3
payment $1041-1409/mo.

509 Pebble Drive

509 Pebble Drive, Fortville, Indiana 46040

bed 3
payment $1700/mo.

410 E Ohio St

410 E Ohio St, Fortville, Indiana 46040

bed 2
payment $895/mo.

509 E Staat St

509 E Staat St, Fortville, Indiana 46040

bed 2
payment $895/mo.

How To Identify Affordable Housing in Fortville, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Aug 1
Open Until Further Notice
devices
calendar_month

Reported On January 29th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fortville, Indiana
$25.55/hour
$18.30 (+252%) more than Indiana minimum wage and $18.30 (+252%) more than the Federal minimum wage.
Learn More About Fortville, Indiana Affordable Housing ↓

What HUD offices serve Fortville, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Fortville, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Fortville, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Fortville.

How many renters live in Fortville, Indiana?

The City of Fortville has people living in households.

There are renters living in renter households in this City. Renters make up 25.03 percent of the population living in Fortville.

What is the rental market like in Fortville, Indiana?

There are an estimated housing units in the Fortville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fortville, Indiana, there are 1.13 rental units.

What is the vacancy rate for rentals in Fortville?

The rental vacancy rate in Fortville is 0 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 Fortville for each bedroom size?

Occupied Rental Units by Size in Fortville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
112 76 90 234 0
Occupied Rental Units by Size in Fortville

A large number of apartments in Fortville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Fortville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $982 to $2,126. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $982
One BR $1,145
Two BR $1,349
Three BR $1,758
Four BR $2,126
2024 Fair Market Rents in Fortville, Indiana

How many units are rented at Fair Market Rent (FMR) in Fortville?

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 112 100 percent
One BR 76 100 percent
Two BR 70 78 percent
Rental Units Below FMR in Fortville, Indiana

How many affordable rental units are in Fortville?

There are a variety of federal affordable housing programs serving households in Fortville, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Fortville, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Fortville, Indiana

Fortville features 24 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 Fortville, Indiana

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fortville.

Housing Choice Vouchers in Fortville, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fortville, Indiana for a two-bedroom apartment is between $1,214 and $1,484.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening