Affordable Housing In Grant County
Indiana

35 Low Income Apartment Communities In Grant County

Cambridge Square Marion

1525 W Timberview Dr
Marion, Indiana
Call For Rent
1 BR
Subsidized
62+

Prince Hall Plaza

3678 Prince Hall Dr
Marion, Indiana
Income Based
Studio-2 BR
Subsidized

Hidden Ponds Apartments

1 E. Creekside Drive
Gas City, Indiana
Call For Rent
2-4 BR

Greentree West Apartments

418 N. Greentree Drive
Marion, Indiana
Income Based
1-3 BR
Subsidized

Prince Hall Towers

3746 Prince Hall Dr
Marion, Indiana
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Gaslight Apartments

111 S 3rd Street
Converse, Indiana
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Hunters Run Apartments

717 E Hunters Run Drive
Marion, Indiana
Call For Rent
Studio-3 BR

Plaza Green Apartments

939 North Park Street
Marion, Indiana
$616-708
2-3 BR

Chambers Park

4343 S LINCOLN BLVD
Marion, Indiana
Call For Rent
1 BR
Veterans Welcome

RIVERSIDE APARTMENTS

708 N RIVER DR
Marion, Indiana
Call For Rent
1 BR
Subsidized

Section 8 Vouchers, Apartments, and Waiting Lists in 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Grant County, Indiana

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

Guide To Affordable Housing in Grant County, Indiana

There are 35 low income housing apartment communities offering 1,766 affordable apartments for rent in Grant County, Indiana.

Income Based Apartments in Grant County, Indiana

Grant County features 1,229 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 537 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 $664 and $812.

2022 Grant County, Indiana Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Grant County, Indiana Fair Market Rent $561 $595 $738 $969 $1,129
Grant County, Indiana Payment Standard Range $505 to $617 $536 to $655 $664 to $812 $872 to $1,066 $1,016 to $1,242

Sourced from federal housing data and AffordableHousingOnline.com research.

Grant County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 35
Total Low Income Apartments 1,766
Total Housing Units with Rental Assistance 1,229
Percentage of Housing Units Occupied By Renters 30.31%
Average Renter Household Size 2.33
Average Household Size 2.39
Median Household Income $40,294 ±$1,275
Median Rent $650 ±$27
Percentage Of Renters Overburdened 40.9% ± 4.14pp
Total Population 68,896

Population and Household Demographics

Grant County is a county in Indiana with a population of 68,896. There are 26,477 households in the county with an average household size of 2.39 persons. 30.31% of households in Grant County are renters.

Income and Rent Overburden in Grant County

The median gross income for households in Grant County is $40,294 a year, or $3,358 a month. The median rent for the county is $650 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grant County, a household making less than $2,167 a month would be considered overburdened when renting an apartment at or above the median rent. 40.9% of households who rent are overburdened in Grant County.

Area Median Income In Grant County

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.

In Grant County, HUD calculates the Area Median Income for a family of four as $55,200

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 Grant County

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 HUD Rental Assistance in Grant County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Grant County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,050 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,100
50% AMI Income Limits
Renters earning up to 50% of the Grant County AMI may qualify for rental assistance programs that target Very Low Income households.
$23,400 $26,750 $30,100 $33,400 $36,100 $38,750 $41,450 $44,100
80% AMI Income Limits
Renters earning up to 80% of the Grant County AMI may qualify for rental assistance programs that target Low Income households.
$37,450 $42,800 $48,150 $53,450 $57,750 $62,050 $66,300 $70,600

Cities In Grant County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Converse The HUD funded Public Housing Agency that serves Converse is the Peru Housing Authority.
Fairmount The HUD funded Public Housing Agency that serves Fairmount is the Peru Housing Authority.
Fowlerton The HUD funded Public Housing Agency that serves Fowlerton is the Peru Housing Authority.
Gas City The HUD funded Public Housing Agency that serves Gas City is the Peru Housing Authority.
Herbst The HUD funded Public Housing Agency that serves Herbst is the Peru Housing Authority.
Jalapa The HUD funded Public Housing Agency that serves Jalapa is the Peru Housing Authority.
Jonesboro The HUD funded Public Housing Agency that serves Jonesboro is the Peru Housing Authority.
Landess The HUD funded Public Housing Agency that serves Landess is the Peru Housing Authority.
Marion The HUD funded Public Housing Agency that serves Marion is the Marion Housing Authority.
Matthews The HUD funded Public Housing Agency that serves Matthews is the Peru Housing Authority.
Mier The HUD funded Public Housing Agency that serves Mier is the Peru Housing Authority.
Point Isabel The HUD funded Public Housing Agency that serves Point Isabel is the Peru Housing Authority.
Sims The HUD funded Public Housing Agency that serves Sims is the Peru Housing Authority.
Swayzee The HUD funded Public Housing Agency that serves Swayzee is the Peru Housing Authority.
Sweetser The HUD funded Public Housing Agency that serves Sweetser is the Peru Housing Authority.
Upland The HUD funded Public Housing Agency that serves Upland is the Peru Housing Authority.
Van Buren The HUD funded Public Housing Agency that serves Van Buren is the Peru Housing Authority.