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

Discover affordable housing in Mooreland where there are 1+ 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.

Country Park Apts

110 E. North Street, Mooreland, Indiana

calendar_today Opens: Mar 31

Reported On February 15th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mooreland, Indiana
$16.34/hour
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Mooreland, Indiana Affordable Housing ↓

What HUD offices serve Mooreland, 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 Mooreland, Indiana.

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

How many renters live in Mooreland, Indiana?

The City of Mooreland has 377 people living in 153 households.

There are 118 renters living in 56 renter households in this City. Renters make up 31.3 percent of the population living in Mooreland.

What is the rental market like in Mooreland, Indiana?

There are an estimated 176 housing units in the Mooreland area. Of these, 64 units are rental homes, making up 36 percent of the housing market. For every renter household in Mooreland, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Mooreland?

The rental vacancy rate in Mooreland 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 Mooreland for each bedroom size?

Occupied Rental Units by Size in Mooreland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 9 33 9 5
Occupied Rental Units by Size in Mooreland

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

Among renter households in this market, 52 percent have housing cost burden. Further, 39 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 Mooreland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,204. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $682
Two BR $863
Three BR $1,083
Four BR $1,204
2024 Fair Market Rents in Mooreland, Indiana

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

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
One BR 6 67 percent
Two BR 10 30 percent
Rental Units Below FMR in Mooreland, Indiana

How many affordable rental units are in Mooreland?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 9
Tracked Units by Federal Program in Mooreland, Indiana

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

Income Based Apartments in Mooreland, Indiana

Mooreland features 9 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 Mooreland, Indiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mooreland.

Housing Choice Vouchers in Mooreland, Indiana

On average, Section 8 Housing Choice vouchers pay Mooreland landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mooreland.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mooreland, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.