Affordable Housing In Miami County
Indiana

10 Low Income Apartment Communities In Miami County

Hilltop Ridge

2920 S. Hilltop Dr
Peru, Indiana
$311-800
1-3 BR

Arrowhead Estates Phase II

901 Apache Drive
Peru, Indiana
Income Based
2-3 BR
Subsidized

Prescott Greene

314 E Washington St
Bunker Hill, Indiana
Call For Rent
1-2 BR

Farmington Estates

2920 S Hilltop Dr
Peru, Indiana

Eastwood Place

701 E Main St
Peru, Indiana

Hilltop Farms - Area 5

County Rd 300 S
Peru, Indiana

Bobtail Meadows Apartments

700 Bobtail Court
Peru, Indiana

Bobtail Woods Apts

700 Bobtail Court
Peru, Indiana

Peru Apartments

260 W Franklin Court
Peru, Indiana

Green Valley Apts.

198 E 3rd St
Bunker Hill, Indiana
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Section 8 Vouchers, Apartments, and Waiting Lists in Miami County, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Miami County, Indiana

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

Guide To Affordable Housing in Miami County, Indiana

There are 10 low income housing apartment communities offering 402 affordable apartments for rent in Miami County, Indiana.

Income Based Apartments in Miami County, Indiana

Miami County features 289 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 Miami County, Indiana

There are 113 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miami County.

Housing Choice Vouchers in Miami County, Indiana

On average, Section 8 Housing Choice vouchers pay Miami County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Miami County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Miami County, Indiana for a two-bedroom apartment is between $664 and $812.

2022 Miami 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
Miami County, Indiana Fair Market Rent $515 $611 $738 $997 $1,227
Miami County, Indiana Payment Standard Range $464 to $567 $550 to $672 $664 to $812 $897 to $1,097 $1,104 to $1,350

Sourced from federal housing data and AffordableHousingOnline.com research.

Miami County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 402
Total Housing Units with Rental Assistance 289
Percentage of Housing Units Occupied By Renters 27.03%
Average Renter Household Size 2.55
Average Household Size 2.60
Median Household Income $45,184 ±$2,384
Median Rent $651 ±$23
Percentage Of Renters Overburdened 38.81% ± 5.05pp
Total Population 36,211

Population and Household Demographics

Miami County is a county in Indiana with a population of 36,211. There are 13,164 households in the county with an average household size of 2.60 persons. 27.03% of households in Miami County are renters.

Income and Rent Overburden in Miami County

The median gross income for households in Miami County is $45,184 a year, or $3,765 a month. The median rent for the county is $651 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Miami County, a household making less than $2,170 a month would be considered overburdened when renting an apartment at or above the median rent. 38.81% of households who rent are overburdened in Miami County.

Area Median Income In Miami 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 Miami County, HUD calculates the Area Median Income for a family of four as $67,800

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 Miami 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 Miami 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 Miami County 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 Miami County 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 Miami County 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

Cities In Miami County

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

City Served By
Amboy The HUD funded Public Housing Agency that serves Amboy is the Peru Housing Authority.
Bunker Hill The HUD funded Public Housing Agency that serves Bunker Hill is the Peru Housing Authority.
Denver The HUD funded Public Housing Agency that serves Denver is the Peru Housing Authority.
Macy The HUD funded Public Housing Agency that serves Macy is the Peru Housing Authority.
Mexico The HUD funded Public Housing Agency that serves Mexico is the Peru Housing Authority.
Peru The HUD funded Public Housing Agency that serves Peru is the Peru Housing Authority.