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

Discover affordable housing in Greene County where there are 21+ 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.

calendar_today Opened: Aug 15
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greene 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 Greene County, Indiana Affordable Housing ↓

What HUD offices serve Greene 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) programs for Greene County, Indiana.

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

How many renters live in Greene County, Indiana?

The County of Greene County has 30,900 people living in 12,643 households.

There are 7,214 renters living in 3,107 renter households in this County. Renters make up 23.35 percent of the population living in Greene County.

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

There are an estimated 14,385 housing units in the Greene County area. Of these, 3,201 units are rental homes, making up 22 percent of the housing market. For every renter household in Greene County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Greene County?

The rental vacancy rate in Greene County is 3 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 Greene County for each bedroom size?

Occupied Rental Units by Size in Greene County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
415 454 1,069 1,079 80
Occupied Rental Units by Size in Greene County

A large number of apartments in Greene 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 Greene County are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 14 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 Greene County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,303. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $631
One BR $672
Two BR $863
Three BR $1,171
Four BR $1,303
2024 Fair Market Rents in Greene County, Indiana

How many units are rented at Fair Market Rent (FMR) in Greene 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 256 62 percent
One BR 314 69 percent
Two BR 520 49 percent
Rental Units Below FMR in Greene County, Indiana

How many affordable rental units are in Greene County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 165
Public Housing 142
Section 8 Project-Based Rental Assistance 48
Section 202 Supportive Housing for the Elderly 23
USDA Section 515 Rural Rental Housing 286
Tracked Units by Federal Program in Greene County, Indiana

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

Income Based Apartments in Greene County, Indiana

Greene County features 518 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 Greene County, Indiana

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greene County.

Housing Choice Vouchers in Greene County, Indiana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.