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Affordable Housing In Grant County
Indiana

33 Low Income Apartment Communities In Grant County

Prairie View Apts.

State Road 26 and
Fairmount, Indiana

Jonesboro Apts

708 W. 6th Street
Jonesboro, Indiana

Prairie View II Apartments

State Road 26 and
Fairmount, Indiana

Housing Authorities that serve Grant County

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

Guide To Affordable Housing in Grant County, Indiana

There are 33 low income housing apartment communities offering 1,688 affordable apartments for rent in Grant County, Indiana.

Income Based Apartments in Grant County, Indiana

Grant County features 1,151 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 $659 and $805.

2021 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
Fair Market Rent $574 $598 $732 $961 $1,099
Payment Standard Range $517 to $631 $538 to $658 $659 to $805 $865 to $1,057 $989 to $1,209

Sourced from federal housing data and AffordableHousingOnline.com research.

Grant County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 33
Total Low Income Apartments 1,688
Total Housing Units with Rental Assistance 1,151
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 $58,500

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

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,750 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,100
50% of Median $22,900 $26,150 $29,400 $32,650 $35,300 $37,900 $40,500 $43,100
80% of Median $36,600 $41,800 $47,050 $52,250 $56,450 $60,650 $64,800 $69,000

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 Agencies that serve Marion are the Marion Housing Authority and Peru 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.