What HUD offices serve Greendale, 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.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Greendale.
How many renters live in Greendale, Indiana?
The City of Greendale has 3,967 people living in 1,711 households.
There are 776 renters living in 378 renter households in this City. Renters make up 19.56 percent of the population living in Greendale.
What is the rental market like in Greendale, Indiana?
There are an estimated 1,817 housing units in the Greendale area. Of these, 407 units are rental homes, making up 22 percent of the housing market. For every renter household in Greendale, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Greendale?
The rental vacancy rate in Greendale is 7 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 Greendale for each bedroom size?
Occupied Rental Units by Size in Greendale
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 125 | 184 | 19 | 50 |
Occupied Rental Units by Size in Greendale
A large number of apartments in Greendale 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 Greendale are overburdened by housing costs?
Among renter households in this market, 53 percent have housing cost burden. Further, 20 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 Greendale
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $810 |
| One BR | $919 |
| Two BR | $1,195 |
| Three BR | $1,588 |
| Four BR | $1,766 |
2024 Fair Market Rents in Greendale, Indiana
How many units are rented at Fair Market Rent (FMR) in Greendale?
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 |
| One BR | 125 | 100 percent |
| Two BR | 143 | 78 percent |
Rental Units Below FMR in Greendale, Indiana
How many affordable rental units are in Greendale?
There are a variety of federal affordable housing programs serving households in Greendale, Indiana including the following:
| Federal Program | Unit Count |
| Public Housing | 50 |
| USDA Section 515 Rural Rental Housing | 36 |
Tracked Units by Federal Program in Greendale, Indiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Greendale, Indiana
Greendale features 86 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 Greendale, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greendale.
Housing Choice Vouchers in Greendale, Indiana
On average, Section 8 Housing Choice vouchers pay Greendale landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Greendale.
The maximum amount a voucher would pay on behalf of a low-income tenant in Greendale, Indiana for a two-bedroom apartment is between $1,076 and $1,315.
Sourced from federal housing data and AffordableHousingOnline.com research.
