Affordable Housing In Jasper County
Indiana

4 Low Income Apartment Communities In Jasper County

Serenity Terrace

960 E B Mar Dr
Rensselaer, IN
$498-702
1-2 BR
Subsidized

Meadowood Apartments

841 Kannal Ct
Rensselaer, IN
Accepts Vouchers

Iroquois Valley

1501 E Grace St
Rensselaer, IN
Subsidized

Madison Cottages of Rensselaer Phase II

1645 N McCade St
Rensselaer, IN
Accepts Vouchers
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Housing Authorities that serve Jasper County

Housing Authority Programs
Northwest Indiana Community Action Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Jasper County, Indiana

There are 4 low income housing apartment communities offering 274 affordable apartments for rent in Jasper County, Indiana.

Income Based Apartments in Jasper County, Indiana

Jasper County features 172 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 Jasper County, Indiana

There are 102 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jasper County.

Housing Choice Vouchers in Jasper County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Jasper County, Indiana for a two-bedroom apartment is between $781 and $955.

2020 Jasper 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
Fair Market Rent $665 $669 $868 $1,117 $1,459
Payment Standard Range $599 to $732 $602 to $736 $781 to $955 $1,005 to $1,229 $1,313 to $1,605

Sourced from federal housing data and AffordableHousingOnline.com research.

Jasper County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 274
Total Housing Units with Rental Assistance 172
Percentage of Housing Units Occupied By Renters 22.42%
Average Renter Household Size 2.67
Average Household Size 2.71
Median Household Income $55,374 ±$3,120
Median Rent $733 ±$26
Percentage Of Renters Overburdened 42.75% ± 6.95pp
Total Population 33,448

Population and Household Demographics

Jasper County is a County in Indiana with a population of 33,448. There are 11,996 households in the county with an average household size of 2.71 persons. 22.42% of households in Jasper County are renters.

Income and Rent Overburden in Jasper County

The median gross income for households in Jasper County is $55,374 a year, or $4,615 a month. The median rent for the county is $733 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jasper County, a household making less than $2,443 a month would be considered overburdened when renting an apartment at or above the median rent. 42.75% of households who rent are overburdened in Jasper County.1

Area Median Income In Jasper 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 Jasper County, HUD calculates the Area Median Income for a family of four as $68,900

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 Jasper 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 Jasper County HUD Rental Assistance in Jasper County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,500 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,150 $27,600 $31,050 $34,450 $37,250 $40,000 $42,750 $45,500
80% of Median $38,600 $44,100 $49,600 $55,100 $59,550 $63,950 $68,350 $72,750

Cities In Jasper County

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

City Listings Served By
Rensselaer 4 The HUD funded Public Housing Agency that serves Rensselaer is the Northwest Indiana Community Action.
Remington 0 The HUD funded Public Housing Agency that serves Remington is the Northwest Indiana Community Action.
Collegeville 0 The HUD funded Public Housing Agency that serves Collegeville is the Northwest Indiana Community Action.
De Motte 0 The HUD funded Public Housing Agency that serves De Motte is the Northwest Indiana Community Action.
Roselawn 0 The HUD funded Public Housing Agency that serves Roselawn is the Northwest Indiana Community Action.
Wheatfield 0 The HUD funded Public Housing Agency that serves Wheatfield is the Northwest Indiana Community Action.