Affordable Housing In Lawrence County
Indiana

10 Low Income Apartment Communities In Lawrence County

Cambridge Square Bedford

1941 Plaza Dr
Bedford, IN
Call For Rent
1 BR
55+
Subsidized

Stonecutters Place Apartments

1030 16th Street
Bedford, IN
Call For Rent
1 BR
62+
HCV Welcome

South Central Housing

2721 Industrial Dr
Bedford, IN
Accessible
Disabled Supportive Housing
Subsidized

Mitchell II Limited

1300 Elm Park Dr
Mitchell, IN
HCV Welcome

Hauck House Apartments.

1305 K St
Bedford, IN

Ch - 000 - 015 001

East State Rd 60
Mitchell, IN
HCV Welcome

Shawnee Apartments

100 Shawnee Ln
Bedford, IN
HCV Welcome

Persimmon Park Apartments

406 Wade St
Mitchell, IN

Manor View Apartments

608 W 9th St
Oolitic, IN
Subsidized

Pioneer Creek Apartments ( Fka Meridian Heights Apartments )

100 Pioneer Creek Ln
Mitchell, IN
HCV Welcome
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There are 10 low income housing apartment complexes which contain 859 affordable apartments for rent in Lawrence County. Many of these rental apartments are income based housing with 611 apartments that set rent based on your income. In Lawrence County, HUD housing programs support 135 rental assistance apartments through programs like Project-based Section 8. There are 248 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Lawrence County

Housing Authority Programs
Hoosier Uplands Economic Development Corporation Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Lawrence County

Housing Authority Programs
Bedford Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Lawrence County, Indiana

Lawrence County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 859
Total Rent Assisted Apartments 611
Percentage of Housing Units Occupied By Renters 22.98%
Average Renter Household Size 2.18
Total Population 45,814
Housing Units 18,494
Average Household Size 2.44
Median Household Income $45,875 ±$1,842
Median Rent $637 ±$23
Percentage Of Renters Overburdened 38.08% ± 5.95pp

Population and Household Demographics

Lawrence County is a County in Indiana with a population of 45,814. There are 18,494 households in the county with an average household size of 2.44 persons. 22.98% of households in Lawrence County are renters.

Income and Rent Overburden in Lawrence County

The median gross income for households in Lawrence County is $45,875 a year, or $3,823 a month. The median rent for the county is $637 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lawrence County, a household making less than $2,123 a month would be considered overburdened when renting an apartment at or above the median rent. 38.08% of households who rent are overburdened in Lawrence County.1

Area Median Income In Lawrence 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 Lawrence County, HUD calculates the Area Median Income for a family of four as $59,600

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 Lawrence 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 Lawrence County HUD Rental Assistance in Lawrence County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,600
50% of Median $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% of Median $36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150
Low Income Housing Tax Credits in Lawrence County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2002, 3 low income apartment communities containing 105 rental apartments have been constructed and made affordable to low income persons in Lawrence County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Lawrence County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
60% of Median $27,120 $30,960 $34,860 $38,700 $41,820 $44,940 $48,000 $51,120

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Lawrence County is $34,860 a year, or $2,905 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,905 by 30% to get a maximum rent of $872 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $565 $605 $726 $839 $936 $1,033
60% $678 $726 $872 $1,007 $1,124 $1,239
Fair Market Rents in Lawrence County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$474 $540 $714 $895 $1,253

Cities In Lawrence County

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

City Listings Served By
Mitchell 4 The HUD funded Public Housing Agency that serves Mitchell is the Hoosier Uplands Economic Development Corporation.
Bedford 5 The HUD funded Public Housing Agency that serves Bedford is the Bedford Housing Authority.
Oolitic 1 The HUD funded Public Housing Agency that serves Oolitic is the Hoosier Uplands Economic Development Corporation.
Avoca 0 The HUD funded Public Housing Agency that serves Avoca is the Hoosier Uplands Economic Development Corporation.
Williams 0 The HUD funded Public Housing Agency that serves Williams is the Hoosier Uplands Economic Development Corporation.