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.

Watertower South

8575 Taft St
Merrillville, Indiana
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Woodlake Village III

8901 E 5th Ave
Gary, Indiana
Rent Assisted

Southlake Center Residential

110 E 73rd Ave
Merrillville, Indiana
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Gary Nsa I and II

1735 W 5th Ave
Gary, Indiana
Rent Assisted

Oak Knoll Renaissance Apartments

4200 W 23rd Ave
Gary, Indiana
Rent Assisted

In-Pact Merrillville Housing

211 W 76th Ave
Merrillville, Indiana
Accessible
Referral Required
Disabled Supportive Housing
Affordable

Northtown Village Senior Apartments

2320 Broadway St
East Chicago, Indiana
Rent Assisted

Griffith Apartments

8555 Taft St
Merrillville, Indiana
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Village of Hope

400 W 12TH AVE
Gary, Indiana

The Lancaster Apartments

2122 Virginia St
Gary, Indiana
Affordable
Showing Results 41-50

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