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

Discover affordable housing in Marion where there are 24+ 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.

Greentree West Apartments

418 N. Greentree Drive, Marion, Indiana 46952

bed 1-3

Cambridge Square Marion

1525 W Timberview Dr, Marion, Indiana 46952

bed 1

Prince Hall Plaza

3678 Prince Hall Dr, Marion, Indiana 46953

bed Studio-2

Prince Hall Towers

3746 Prince Hall Dr, Marion, Indiana 46953

bed 1

Nba Flinn Place

612 W 12th St, Marion, Indiana 46953

Hilltop Towers

520 W Nelson St, Marion, Indiana 46952

Carey Court

2900 S Carey St, Marion, Indiana 46953

Stepping Stone

1623 W 6th St, Marion, Indiana 46953

Lyons Manor

1845 W 11th St, Marion, Indiana 46953

Providence Place of Marion III

1825 W Bradford St, Marion, Indiana 46952

Providence Place of Marion

1821 W Bradford St, Marion, Indiana 46952

Northgate Village Coop I

1648 W Spring Dr, Marion, Indiana 46952

Hunters Run Apartments

717 E Hunters Run Drive, Marion, Indiana 46953

bed Studio-3
payment $551-767/mo.
accessibility Accessible

Vita of Marion

4211 S Adams Street, Marion, Indiana 46953

Norman Manor

121 N Washington St, Marion, Indiana 46952

Granton Place Apartments

3722 S Granton Place Dr, Marion, Indiana 46953

Turnberry Square Apartments of Marion

5000 Preswick Sq Dr, Marion, Indiana 46953

Plaza Green Apartments

939 North Park Street , Marion, Indiana 46952

bed 2-3
payment $616-708/mo.

Springhill Homes ( Marion Scattered Site )

N Springhill Dr, Marion, Indiana 46953

Chambers Park

4343 S LINCOLN BLVD, Marion, Indiana 46953

bed 1

How To Identify Affordable Housing in Marion, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Marion, Indiana
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Marion, Indiana Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Marion, Indiana.

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

How many renters live in Marion, Indiana?

The City of Marion has people living in households.

There are renters living in renter households in this City. Renters make up 33.42 percent of the population living in Marion.

What is the rental market like in Marion, Indiana?

There are an estimated housing units in the Marion area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Marion, Indiana, there are 1.12 rental units.

What is the vacancy rate for rentals in Marion?

The rental vacancy rate in Marion is 11 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 Marion for each bedroom size?

Occupied Rental Units by Size in Marion
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
262 1,235 1,593 1,232 117
Occupied Rental Units by Size in Marion

A large number of apartments in Marion have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Marion

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $585 to $1,285. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $585
One BR $684
Two BR $863
Three BR $1,119
Four BR $1,285
2024 Fair Market Rents in Marion, Indiana

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

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 190 73 percent
One BR 804 65 percent
Two BR 908 57 percent
Rental Units Below FMR in Marion, Indiana

How many affordable rental units are in Marion?

There are a variety of federal affordable housing programs serving households in Marion, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Marion, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Marion, Indiana

Marion features 1,047 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 514 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 $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.