Low Income Apartments and Affordable Housing For Rent in Monroe County, IN

Discover affordable housing in Monroe County where there are 37+ 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.

Limestone Crossing

540 S Basswood Dr, Bloomington, Indiana 47403

Arlington Park Apartments

1320 N Arlington Park Dr., Bloomington, Indiana 47404

Patterson Pointe Senior Residence

454 South Westplex Avenue, Bloomington, Indiana 47403

Woodbridge Apartments

3401 E John Hinkle Pl, Bloomington, Indiana 47408

Cambridge Square Bloomington

307 N Pete Ellis Dr, Bloomington, Indiana 47408

Crawford Apartments

2440 S Henderson St, Bloomington, Indiana 47901

Huntington Gardens

1800 S Huntington Gardens Pl, Bloomington, Indiana 47401

Covenanter Hill

3101 E Covenanter Dr.,, Bloomington, Indiana 47401

Richland Senior Citizens

800 N Allen St, Ellettsville, Indiana 47429

Ellettsville Apartments

411 S Sale St, Ellettsville, Indiana 47429

Westplex Woods Apartments

100 S Westplex Ave, Bloomington, Indiana 47404

Providence Place of Bloomington I

2500 S Rockport Rd, Bloomington, Indiana 47403

Reverend E. D. Butler

1202 W. 11th Street, Bloomington, Indiana 47404

Governor Park Apartments

4750 N Lenzy Way, Bloomington, Indiana 47404

Monon Crossing

1610 N. Kinser Pike, Bloomington, Indiana 47404

Henderson Court Apartments

2475 S Winslow Ct, Bloomington, Indiana 47401

Crescent Pointe

1210 N Crescent Rd, Bloomington, Indiana 47404

Union at Crescent

1100 N Crescent Rd, Bloomington, Indiana 47404

Southern Knoll

1107 W. 3rd Street Bloomington, IN , Bloomington, Indiana 47404

Schoolview Apartments

7219 W Susan St, Bloomington, Indiana 47404

calendar_today Opened: Jul 14
Open Until Further Notice

Reported On January 11th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Monroe County, Indiana
$14.08 (+194%) more than Indiana minimum wage and $14.08 (+194%) more than the Federal minimum wage.
Learn More About Monroe County, Indiana Affordable Housing ↓

What HUD offices serve Monroe 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Rental Assistance Demonstration (RAD) programs for Monroe County, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Monroe County, Indiana.

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

How many renters live in Monroe County, Indiana?

The County of Monroe County has 139,745 people living in 60,117 households.

There are 51,444 renters living in 28,543 renter households in this County. Renters make up 36.81 percent of the population living in Monroe County.

What is the rental market like in Monroe County, Indiana?

There are an estimated 66,363 housing units in the Monroe County area. Of these, 31,378 units are rental homes, making up 47 percent of the housing market. For every renter household in Monroe County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Monroe County?

The rental vacancy rate in Monroe County is 6 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 Monroe County for each bedroom size?

Occupied Rental Units by Size in Monroe County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,857 8,404 9,539 6,288 1,827
Occupied Rental Units by Size in Monroe County

A large number of apartments in Monroe County 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 Monroe County are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 36 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 Monroe County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $848 to $1,814. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $848
One BR $979
Two BR $1,126
Three BR $1,549
Four BR $1,814
2024 Fair Market Rents in Monroe County, Indiana

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

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 890 48 percent
One BR 4,540 54 percent
Two BR 4,588 48 percent
Rental Units Below FMR in Monroe County, Indiana

How many affordable rental units are in Monroe County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,383
Section 8 Project-Based Rental Assistance 385
Section 202 Supportive Housing for the Elderly 57
Section 811 Supportive Housing for Persons with Disabilities 32
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Monroe County, Indiana

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

Income Based Apartments in Monroe County, Indiana

Monroe County features 1,097 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 Monroe County, Indiana

There are 1,232 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monroe County.

Housing Choice Vouchers in Monroe County, Indiana

On average, Section 8 Housing Choice vouchers pay Monroe County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Monroe County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Monroe County, Indiana for a two-bedroom apartment is between $1,013 and $1,239.

Sourced from federal housing data and AffordableHousingOnline.com research.