Low Income Apartments and Affordable Housing For Rent in Grant County, IN

Discover affordable housing in Grant County where there are 36+ 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.

Hidden Ponds Apartments

1 E. Creekside Drive, Gas City, Indiana 46933

Greentree West Apartments

418 N. Greentree Drive, Marion, Indiana 46952

Cambridge Square Marion

1525 W Timberview Dr, Marion, Indiana 46952

Prince Hall Plaza

3678 Prince Hall Dr, Marion, Indiana 46953

Prince Hall Towers

3746 Prince Hall Dr, Marion, Indiana 46953

Gaslight Apartments

111 S 3rd Street, Converse, Indiana 46919

Nba Flinn Place

612 W 12th St, Marion, Indiana 46953

Hilltop Towers

520 W Nelson St, Marion, Indiana 46952

Carey Court

2900 S Carey St, Marion, Indiana 46953

Stepping Stone

1623 W 6th St, Marion, Indiana 46953

Lyons Manor

1845 W 11th St, Marion, Indiana 46953

Providence Place of Marion III

1825 W Bradford St, Marion, Indiana 46952

Providence Place of Marion

1821 W Bradford St, Marion, Indiana 46952

Northgate Village Coop I

1648 W Spring Dr, Marion, Indiana 46952

Hunters Run Apartments

717 E Hunters Run Drive, Marion, Indiana 46953

Vita of Marion

4211 S Adams Street, Marion, Indiana 46953

Briarwood Apartments

210 Village St, Converse, Indiana 46919

Norman Manor

121 N Washington St, Marion, Indiana 46952

Fairview Apartments

600 N Barclay St, Fairmount, Indiana 46928

Fairview Realty

301 S 10th St, Gas City, Indiana 46933

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grant County, Indiana
$16.34/hour
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Grant County, Indiana Affordable Housing ↓

What HUD offices serve Grant County, 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), Public Housing programs for Grant County, Indiana.

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

How many renters live in Grant County, Indiana?

The County of Grant County has 66,022 people living in 26,560 households.

There are 12,463 renters living in 6,049 renter households in this County. Renters make up 18.88 percent of the population living in Grant County.

What is the rental market like in Grant County, Indiana?

There are an estimated 29,856 housing units in the Grant County area. Of these, 8,080 units are rental homes, making up 27 percent of the housing market. For every renter household in Grant County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Grant County?

The rental vacancy rate in Grant County is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Grant County for each bedroom size?

Occupied Rental Units by Size in Grant County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
407 1,825 2,427 2,266 402
Occupied Rental Units by Size in Grant County

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

How many renter households in Grant County are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Grant County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $585 to $1,285. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $585
One BR $684
Two BR $863
Three BR $1,119
Four BR $1,285
2024 Fair Market Rents in Grant County, Indiana

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

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 209 51 percent
One BR 1,198 66 percent
Two BR 1,353 56 percent
Rental Units Below FMR in Grant County, Indiana

How many affordable rental units are in Grant County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 289
Public Housing 219
Section 8 Project-Based Rental Assistance 624
Section 202 Supportive Housing for the Elderly 88
Section 811 Supportive Housing for Persons with Disabilities 58
USDA Section 515 Rural Rental Housing 235
Tracked Units by Federal Program in Grant County, Indiana

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

Income Based Apartments in Grant County, Indiana

Grant County features 1,319 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 Grant County, Indiana

There are 613 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grant County.

Housing Choice Vouchers in Grant County, Indiana

On average, Section 8 Housing Choice vouchers pay Grant County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Grant County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Grant County, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.