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

Discover affordable housing in Kewanna where there are 2+ 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.

Kewanna Village Justus Property

115 E Maple St, Kewanna, Indiana 46939

Station House Apartments Kathy Richards Mgmt

502 S Logan St, Kewanna, Indiana 46939

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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 Kewanna, 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 Kewanna, Indiana Affordable Housing ↓

What HUD offices serve Kewanna, 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 Kewanna, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Kewanna, Indiana.

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

How many renters live in Kewanna, Indiana?

The City of Kewanna has 587 people living in 222 households.

There are 104 renters living in 49 renter households in this City. Renters make up 17.72 percent of the population living in Kewanna.

What is the rental market like in Kewanna, Indiana?

There are an estimated 267 housing units in the Kewanna area. Of these, 64 units are rental homes, making up 24 percent of the housing market. For every renter household in Kewanna, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Kewanna?

The rental vacancy rate in Kewanna is 23 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Kewanna for each bedroom size?

Occupied Rental Units by Size in Kewanna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 9 14 14 3
Occupied Rental Units by Size in Kewanna

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

Among renter households in this market, 33 percent have housing cost burden. Further, 18 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 Kewanna

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $602 to $1,152. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $602
One BR $658
Two BR $865
Three BR $1,046
Four BR $1,152
2024 Fair Market Rents in Kewanna, Indiana

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

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 4 44 percent
One BR 6 67 percent
Two BR 11 79 percent
Rental Units Below FMR in Kewanna, Indiana

How many affordable rental units are in Kewanna?

Income Based Apartments in Kewanna, Indiana

Kewanna features 32 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 Kewanna, Indiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kewanna.

Housing Choice Vouchers in Kewanna, Indiana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.