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

Discover affordable housing in Jefferson County where there are 12+ 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.

Windridge Apartments

2855 Windridge Drive, Madison, Indiana 47250

bed 1-4

Presidential Estates

2855 Windridge Dr, Madison, Indiana 47250

bed 1-3

Madison Heritage Apartments

101 W 2nd Street, Madison, Indiana 47250

bed Studio-1
payment Subsidized
elderly Senior

Rivertrace Apartments

150 Broadway St, Madison, Indiana 47250

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Willowview Apartments

3100 Bevcher Dr, Madison, Indiana 47250

payment Subsidized
accessibility Accessible
accessible_forward Disability

Valley Court Apartments

559 Ovo Dr, Madison, Indiana 47250

switch_access_shortcut Short Wait
accessibility Accessible

Riverside Tower Lofts

1001 W. 2nd Street , Madison, Indiana 47250

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Rainbow End Apartments II

500 Rainbow Lane, Hanover, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Clifton Heights Apartments

401 Virginia Ave, Madison, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Rainbow End Apartments I

500 Rainbow Lane, Hanover, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Pleasant View of Hanover

Hwy 7 N, Madison, Indiana 47243

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Pleasant View Townhomes

361 Graystone Dr, Hanover, Indiana 47243

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Jefferson County, 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: Nov 1
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Jefferson County, Indiana
$16.38/hour
$9.13 (+126%) more than Indiana minimum wage and $9.13 (+126%) more than the Federal minimum wage.
Learn More About Jefferson County, Indiana Affordable Housing ↓

What HUD offices serve Jefferson 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), Mainstream Voucher programs for Jefferson County, Indiana.

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

How many renters live in Jefferson County, Indiana?

The County of Jefferson County has people living in households.

There are renters living in renter households in this County. Renters make up 25.5 percent of the population living in Jefferson County.

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

There are an estimated housing units in the Jefferson County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jefferson County, Indiana, there are 1.03 rental units.

What is the vacancy rate for rentals in Jefferson County?

The rental vacancy rate in Jefferson 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 Jefferson County for each bedroom size?

Occupied Rental Units by Size in Jefferson County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
110 1,054 1,498 1,013 176
Occupied Rental Units by Size in Jefferson County

A large number of apartments in Jefferson County 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 Jefferson County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $643 to $1,468. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $643
One BR $740
Two BR $865
Three BR $1,099
Four BR $1,468
2024 Fair Market Rents in Jefferson County, Indiana

How many units are rented at Fair Market Rent (FMR) in Jefferson 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 71 65 percent
One BR 697 66 percent
Two BR 863 58 percent
Rental Units Below FMR in Jefferson County, Indiana

How many affordable rental units are in Jefferson County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Jefferson County, Indiana

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

Income Based Apartments in Jefferson County, Indiana

Jefferson County features 221 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 Jefferson County, Indiana

There are 261 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jefferson County.

Housing Choice Vouchers in Jefferson County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Jefferson County, Indiana for a two-bedroom apartment is between $779 and $952.

Sourced from federal housing data and AffordableHousingOnline.com research.

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