Low Income Apartments and Affordable Housing For Rent in Greenfield, IN

Discover affordable housing in Greenfield where there are 27+ 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.

308 S State St

308 S State St, Greenfield, Indiana 46140

bed 2
payment $1200/mo.

810 Walnut St Unit 810 W. Walnut Street

810 Walnut St Unit 810 W. Walnut Street, Greenfield, Indiana 46140

bed 2
payment $950/mo.

208 Heartwood Hill

208 Heartwood Hill, Greenfield, Indiana 46140

bed 3
payment $1655/mo.

Lincoln Park Apartments

600 W North St, Greenfield, Indiana 46140

switch_access_shortcut Short Wait
accessibility Accessible

Broadway Flats

210 Center St, Greenfield, Indiana 46140

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Greenfield Village

1650 Village Dr E, Greenfield, Indiana 46140

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Center Place Apartments

121 Center St, Greenfield, Indiana 46140

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Greenfield, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Mar 31
Open Until Further Notice
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Reported On September 28th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greenfield, Indiana
$25.55/hour
$18.30 (+252%) more than Indiana minimum wage and $18.30 (+252%) more than the Federal minimum wage.
Learn More About Greenfield, Indiana Affordable Housing ↓

What HUD offices serve Greenfield, 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 Greenfield, Indiana.

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

How many renters live in Greenfield, Indiana?

The City of Greenfield has people living in households.

There are renters living in renter households in this City. Renters make up 31.59 percent of the population living in Greenfield.

What is the rental market like in Greenfield, Indiana?

There are an estimated housing units in the Greenfield area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Greenfield, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Greenfield?

The rental vacancy rate in Greenfield is 0 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 Greenfield for each bedroom size?

Occupied Rental Units by Size in Greenfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
45 993 1,509 796 187
Occupied Rental Units by Size in Greenfield

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

How Much Is Rent in Greenfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $982 to $2,126. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $982
One BR $1,145
Two BR $1,349
Three BR $1,758
Four BR $2,126
2024 Fair Market Rents in Greenfield, Indiana

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

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 36 80 percent
One BR 871 88 percent
Two BR 1,145 76 percent
Rental Units Below FMR in Greenfield, Indiana

How many affordable rental units are in Greenfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Greenfield, Indiana

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

Income Based Apartments in Greenfield, Indiana

Greenfield features 80 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 Greenfield, Indiana

There are 522 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenfield.

Housing Choice Vouchers in Greenfield, Indiana

On average, Section 8 Housing Choice vouchers pay Greenfield landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Greenfield.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greenfield, Indiana for a two-bedroom apartment is between $1,214 and $1,484.

Sourced from federal housing data and AffordableHousingOnline.com research.

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