Affordable Housing In Howard County
Indiana

28 Low Income Apartment Communities In Howard County

The Residences at Washington Street

400 North Washington Street
Kokomo, Indiana
$487-720
1-2 BR
55+

Lincolnwood Apartments I

2101 Mark Lane
Kokomo, Indiana
Call For Rent
1-4 BR
Subsidized

Kingston Square

1495 N Webster St
Kokomo, Indiana
Call For Rent
1-3 BR

Jackson Street Commons

322 E Jackson St
Kokomo, Indiana

Fox Acres Apartments

5038 S Webster Street
Kokomo, Indiana
Subsidized

Briarwick Apartments

536 Southlea Drive
Kokomo, Indiana
Subsidized

Vinton Woods Coop

3150 Vinton Cir
Kokomo, Indiana
Subsidized

Apperson Way Apartments

600 North Apperson Way
Kokomo, Indiana

Friendship Haven

2600 W Jefferson St
Kokomo, Indiana
Subsidized
62+
Accessible
Elderly Supportive Housing

Kokomo Manor

510 Elk Dr
Kokomo, Indiana
Subsidized

Section 8 Vouchers, Apartments, and Waiting Lists in Howard 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 Howard County, Indiana

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

Guide To Affordable Housing in Howard County, Indiana

There are 28 low income housing apartment communities offering 2,653 affordable apartments for rent in Howard County, Indiana.

Income Based Apartments in Howard County, Indiana

Howard County features 1,560 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 Howard County, Indiana

There are 1,012 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Howard County.

Housing Choice Vouchers in Howard County, Indiana

On average, Section 8 Housing Choice vouchers pay Howard County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Howard County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Howard County, Indiana for a two-bedroom apartment is between $789 and $965.

2023 Howard 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
Howard County, Indiana Fair Market Rent $682 $714 $877 $1,194 $1,313
Howard County, Indiana Payment Standard Range $614 to $750 $643 to $785 $789 to $965 $1,075 to $1,313 $1,182 to $1,444

Sourced from federal housing data and AffordableHousingOnline.com research.

Howard County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 28
Total Low Income Apartments 2,653
Total Housing Units with Rental Assistance 1,560
Percentage of Housing Units Occupied By Renters 31.04%
Average Renter Household Size 2.26
Average Household Size 2.37
Median Household Income $44,226 ±$2,187
Median Rent $646 ±$21
Percentage Of Renters Overburdened 46.73% ± 3.71pp
Total Population 82,765

Population and Household Demographics

Howard County is a county in Indiana with a population of 82,765. There are 34,413 households in the county with an average household size of 2.37 persons. 31.04% of households in Howard County are renters.

Income and Rent Overburden in Howard County

The median gross income for households in Howard County is $44,226 a year, or $3,686 a month. The median rent for the county is $646 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Howard County, a household making less than $2,153 a month would be considered overburdened when renting an apartment at or above the median rent. 46.73% of households who rent are overburdened in Howard County.

Area Median Income In Howard 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 Howard County, HUD calculates the Area Median Income for a family of four as $72,500

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 Howard 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 Howard 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 Howard County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,650 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Howard County AMI may qualify for rental assistance programs that target Very Low Income households.
$26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
80% AMI Income Limits
Renters earning up to 80% of the Howard County AMI may qualify for rental assistance programs that target Low Income households.
$41,750 $47,700 $53,650 $59,600 $64,400 $69,150 $73,950 $78,700

Cities In Howard County

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

City Served By
Greentown The HUD funded Public Housing Agency that serves Greentown is the Peru Housing Authority.
Indian Heights The HUD funded Public Housing Agency that serves Indian Heights is the Peru Housing Authority.
Kokomo The HUD funded Public Housing Agency that serves Kokomo is the Kokomo Housing Authority.
Russiaville The HUD funded Public Housing Agency that serves Russiaville is the Peru Housing Authority.