Affordable Housing In Lake County
Indiana

Affordable Housing programs support 7,434 income based apartments in Lake County where households pay rent based on how much they earn.

There are 2,715 affordable apartments in Lake County that offer reduced rents to low-income households.

Waiting Lists in Lake County, Indiana

There are no open Section 8 Housing Choice Voucher waiting lists in Lake County. Go to the Indiana Section 8 Waiting Lists page for openings near Lake County.

Al Thomas Senior High Rise

100 W 11th Ave
Gary, Indiana
55+
Rent Assisted

Glen Park Senior High Rise

3280 Pierce St
Gary, Indiana
55+
62+

Hammond Elderly Apartments

5111 Sohl Ave
Hammond, Indiana
Rent Assisted

Harbor Meadows

3521 Pennsylvania Ave
East Chicago, Indiana
Rent Assisted

Linden House Hobart

360 W 61st Ave
Hobart, Indiana
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Renaissance Towers

524 Michigan St
Hammond, Indiana
Rent Assisted

Cedar Springs Apartments

6500 W 126th Ave
Crown Point, Indiana
Rent Assisted

Willows on Clark Road

435 Clark Rd
Gary, Indiana
Rent Assisted

Harborside Apartments

3610 Alder St
East Chicago, Indiana
Rent Assisted

Watertower West

1900 W 79th Pl
Merrillville, Indiana
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing
Showing Results 21-30

Affordable Housing In Lake County

View affordable apartments and waiting lists in cities near Lake County

City Apartments
Affordable Housing In Cedar Lake, IN Affordable Housing programs support 1 apartment communities in Cedar Lake.
Affordable Housing In Crown Point, IN Affordable Housing programs support 2 apartment communities in Crown Point.
Affordable Housing In East Chicago, IN Affordable Housing programs support 15 apartment communities in East Chicago.
Affordable Housing In Gary, IN Affordable Housing programs support 44 apartment communities in Gary.
Affordable Housing In Hammond, IN Affordable Housing programs support 12 apartment communities in Hammond.
Affordable Housing In Hobart, IN Affordable Housing programs support 2 apartment communities in Hobart.
Affordable Housing In Lowell, IN Affordable Housing programs support 2 apartment communities in Lowell.
Affordable Housing In Merrillville, IN Affordable Housing programs support 12 apartment communities in Merrillville.
Affordable Housing In Whiting, IN Affordable Housing programs support 1 apartment communities in Whiting.

Lake County, Indiana Affordable Housing Data

Income Based Apartments in Lake County, Indiana

Lake County features 7,434 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 Lake County, Indiana

There are 2,715 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake County.

Housing Choice Vouchers in Lake County, Indiana

On average, Section 8 Housing Choice vouchers pay Lake County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Lake County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake County, Indiana for a two-bedroom apartment is between $900 and $1,100.

2023 Lake 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
Lake County, Indiana Fair Market Rent $677 $815 $1,000 $1,227 $1,361
Lake County, Indiana Payment Standard Range $609 to $745 $734 to $897 $900 to $1,100 $1,104 to $1,350 $1,225 to $1,497

Sourced from federal housing data and AffordableHousingOnline.com research.

Lake County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 91
Total Low Income Apartments 10,235
Total Housing Units with Rental Assistance 7,434
Percentage of Housing Units Occupied By Renters 31.14%
Average Renter Household Size 2.53
Average Household Size 2.65
Median Household Income $50,135 ±$639
Median Rent $819 ±$10
Percentage Of Renters Overburdened 47.55% ± 1.81pp
Total Population 491,596

Population and Household Demographics

Lake County is a county in Indiana with a population of 491,596. There are 183,314 households in the county with an average household size of 2.65 persons. 31.14% of households in Lake County are renters.

Income and Rent Overburden in Lake County

The median gross income for households in Lake County is $50,135 a year, or $4,178 a month. The median rent for the county is $819 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lake County, a household making less than $2,730 a month would be considered overburdened when renting an apartment at or above the median rent. 47.55% of households who rent are overburdened in Lake County.

Area Median Income In Lake 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 Lake County, HUD calculates the Area Median Income for a family of four as $85,000

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 Lake 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 Lake 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 Lake County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,750 $20,250 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Lake County AMI may qualify for rental assistance programs that target Very Low Income households.
$29,550 $33,800 $38,000 $42,200 $45,600 $49,000 $52,350 $55,750
80% AMI Income Limits
Renters earning up to 80% of the Lake County AMI may qualify for rental assistance programs that target Low Income households.
$47,250 $54,000 $60,750 $67,500 $72,900 $78,300 $83,700 $89,100