Affordable Housing In Marion
Grant County, Indiana

Affordable Housing programs support 1,033 income based apartments in Marion where households pay rent based on how much they earn.

There are 333 affordable apartments in Marion that offer reduced rents to low-income households.

Waiting Lists in Marion, Indiana

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

Cambridge Square Marion

1525 W Timberview Dr
Marion, Indiana
Call For Rent
1 BR
Rent Assisted
62+

Prince Hall Plaza

3678 Prince Hall Dr
Marion, Indiana
Income Based
Studio-2 BR
Rent Assisted

Greentree West Apartments

418 N. Greentree Drive
Marion, Indiana
Income Based
1-3 BR
Rent Assisted

Prince Hall Towers

3746 Prince Hall Dr
Marion, Indiana
Income Based
1 BR
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Hunters Run Apartments

717 E Hunters Run Drive
Marion, Indiana
Call For Rent
Studio-3 BR
Affordable

Plaza Green Apartments

939 North Park Street
Marion, Indiana
$616-708
2-3 BR
Affordable

Chambers Park

4343 S LINCOLN BLVD
Marion, Indiana
Call For Rent
1 BR
Veterans Welcome

RIVERSIDE APARTMENTS

708 N RIVER DR
Marion, Indiana
Call For Rent
1 BR
Rent Assisted

Carey Court

2900 S Carey St
Marion, Indiana
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Nba Flinn Place

612 W 12th St
Marion, Indiana
Rent Assisted
62+
Accessible
Elderly Supportive Housing
Showing Results 1-10

Affordable Housing Near Marion

View affordable apartments and waiting lists in cities near Marion

City Apartments
Affordable Housing In Converse, IN Affordable Housing programs support 2 apartment communities in Converse.
Affordable Housing In Fairmount, IN Affordable Housing programs support 3 apartment communities in Fairmount.
Affordable Housing In Gas City, IN Affordable Housing programs support 4 apartment communities in Gas City.
Affordable Housing In Jonesboro, IN Affordable Housing programs support 1 apartment communities in Jonesboro.
Affordable Housing In Upland, IN Affordable Housing programs support 1 apartment communities in Upland.
Affordable Housing In Van Buren, IN Affordable Housing programs support 1 apartment communities in Van Buren.

Public Housing Agencies Serving Marion, 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.

Housing Authority Programs
Marion Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Marion.

Marion, Indiana Affordable Housing Data

Income Based Apartments in Marion, Indiana

Marion features 1,033 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 Marion, Indiana

There are 333 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marion.

Housing Choice Vouchers in Marion, Indiana

On average, Section 8 Housing Choice vouchers pay Marion landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Marion.

The maximum amount a voucher would pay on behalf of a low-income tenant in Marion, Indiana for a two-bedroom apartment is between $743 and $909.

2023 Marion, 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
Marion, Indiana Fair Market Rent $592 $658 $826 $1,068 $1,251
Marion, Indiana Payment Standard Range $533 to $651 $592 to $724 $743 to $909 $961 to $1,175 $1,126 to $1,376

Sourced from federal housing data and AffordableHousingOnline.com research.

Marion, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 1,366
Total Housing Units with Rental Assistance 1,033
Percentage of Housing Units Occupied By Renters 42.35%
Average Renter Household Size 2.16
Average Household Size 2.21
Median Household Income $32,716 ±$1,605
Median Rent $625 ±$40
Percentage Of Renters Overburdened 41.71% ± 5.65pp
Total Population 29,075

Population and Household Demographics

Marion is a city in Grant County, Indiana with a population of 29,075. There are 11,385 households in the city with an average household size of 2.21 persons. 42.35% of households in Marion are renters.

Income and Rent Overburden in Marion

The median gross income for households in Marion is $32,716 a year, or $2,726 a month. The median rent for the city is $625 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marion, a household making less than $2,083 a month would be considered overburdened when renting an apartment at or above the median rent. 41.71% of households who rent are overburdened in Marion.

Area Median Income In Marion

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Marion, the AMI is calculated from all households within Grant County.

In Marion, HUD calculates the Area Median Income for a family of four as $72,800

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 Marion

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 Marion

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 Marion AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,650 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Marion AMI may qualify for rental assistance programs that target Very Low Income households.
$26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
80% AMI Income Limits
Renters earning up to 80% of the Marion AMI may qualify for rental assistance programs that target Low Income households.
$41,750 $47,700 $53,650 $59,600 $64,400 $69,150 $73,950 $78,700