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

Discover affordable housing in Mitchell where there are 5+ 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.

Persimmon Park Apartments

406 Wade St, Mitchell, Indiana 47446

Elm Park Apts I

1200 Elm Park Drive, Mitchell, Indiana

Ch - 000 - 015 001

East State Rd 60, Mitchell, Indiana 47446

Mitchell II Limited

1300 Elm Park Dr, Mitchell, Indiana 47446

Pioneer Creek Apartments ( Fka Meridian Heights Apartments )

100 Pioneer Creek Ln, Mitchell, Indiana 47446

calendar_today Opened: Aug 15
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

calendar_today Opened: Jan 15
Open Until Further Notice

Reported On January 15th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mitchell, Indiana
$16.50/hour
$9.25 (+128%) more than Indiana minimum wage and $9.25 (+128%) more than the Federal minimum wage.
Learn More About Mitchell, Indiana Affordable Housing ↓

What HUD offices serve Mitchell, 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) programs for Mitchell, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mitchell, Indiana.

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

How many renters live in Mitchell, Indiana?

The City of Mitchell has 3,947 people living in 1,394 households.

There are 993 renters living in 490 renter households in this City. Renters make up 25.16 percent of the population living in Mitchell.

What is the rental market like in Mitchell, Indiana?

There are an estimated 1,570 housing units in the Mitchell area. Of these, 558 units are rental homes, making up 36 percent of the housing market. For every renter household in Mitchell, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Mitchell?

The rental vacancy rate in Mitchell is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Mitchell for each bedroom size?

Occupied Rental Units by Size in Mitchell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 99 229 107 39
Occupied Rental Units by Size in Mitchell

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

How many renter households in Mitchell are overburdened by housing costs?

Among renter households in this market, 29 percent have housing cost burden. Further, 11 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Mitchell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $606 to $1,418. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $606
One BR $663
Two BR $871
Three BR $1,057
Four BR $1,418
2024 Fair Market Rents in Mitchell, Indiana

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

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 16 100 percent
One BR 86 87 percent
Two BR 130 57 percent
Rental Units Below FMR in Mitchell, Indiana

How many affordable rental units are in Mitchell?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 31
USDA Section 515 Rural Rental Housing 78
Tracked Units by Federal Program in Mitchell, Indiana

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

Income Based Apartments in Mitchell, Indiana

Mitchell features 110 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 Mitchell, Indiana

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mitchell.

Housing Choice Vouchers in Mitchell, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mitchell, Indiana for a two-bedroom apartment is between $784 and $958.

Sourced from federal housing data and AffordableHousingOnline.com research.