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

Discover affordable housing in Huntertown where there are 1+ 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.

Cameron Crossing

15079 Carmel Ln, Huntertown, Indiana 46748

calendar_today Opened: Nov 14
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 Huntertown, Indiana
$20.63/hour
$13.38 (+184%) more than Indiana minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Huntertown, Indiana Affordable Housing ↓

What HUD offices serve Huntertown, 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 Huntertown, Indiana.

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

How many renters live in Huntertown, Indiana?

The City of Huntertown has 9,090 people living in 2,848 households.

There are 757 renters living in 243 renter households in this City. Renters make up 8.33 percent of the population living in Huntertown.

What is the rental market like in Huntertown, Indiana?

There are an estimated 3,031 housing units in the Huntertown area. Of these, 243 units are rental homes, making up 8 percent of the housing market. For every renter household in Huntertown, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Huntertown?

The rental vacancy rate in Huntertown 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 Huntertown for each bedroom size?

Occupied Rental Units by Size in Huntertown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 96 62 85
Occupied Rental Units by Size in Huntertown

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

Among renter households in this market, 58 percent have housing cost burden. Further, 27 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 Huntertown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,499. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $895
Two BR $1,089
Three BR $1,379
Four BR $1,499
2024 Fair Market Rents in Huntertown, Indiana

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

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
Two BR 30 31 percent
Rental Units Below FMR in Huntertown, Indiana

How many affordable rental units are in Huntertown?

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

Federal Program Unit Count
Low Income Housing Tax Credit 60
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Huntertown, Indiana

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

Income Based Apartments in Huntertown, Indiana

Huntertown features 0 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 Huntertown, Indiana

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Huntertown.

Housing Choice Vouchers in Huntertown, Indiana

On average, Section 8 Housing Choice vouchers pay Huntertown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Huntertown.

The maximum amount a voucher would pay on behalf of a low-income tenant in Huntertown, Indiana for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.