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Affordable Housing In Morgan County
Indiana

12 Low Income Apartment Communities In Morgan County

Village of Morgantown

370 N Church St
Morgantown, Indiana
Subsidized

Brooklyn Meadows

17 Brooklyn Meadows
Mooresville, Indiana

Housing Authorities that serve Morgan County

Housing Authority Programs
South Central Community Action Program Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Morgan County, Indiana

There are 12 low income housing apartment communities offering 642 affordable apartments for rent in Morgan County, Indiana.

Income Based Apartments in Morgan County, Indiana

Morgan County features 452 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 Morgan County, Indiana

There are 190 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morgan County.

Housing Choice Vouchers in Morgan County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Morgan County, Indiana for a two-bedroom apartment is between $851 and $1,041.

2020 Morgan 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
Fair Market Rent $674 $778 $946 $1,256 $1,439
Payment Standard Range $607 to $741 $700 to $856 $851 to $1,041 $1,130 to $1,382 $1,295 to $1,583

Sourced from federal housing data and AffordableHousingOnline.com research.

Morgan County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 642
Total Housing Units with Rental Assistance 452
Percentage of Housing Units Occupied By Renters 23.64%
Average Renter Household Size 2.58
Average Household Size 2.68
Median Household Income $55,432 ±$2,665
Median Rent $754 ±$25
Percentage Of Renters Overburdened 41.95% ± 4.12pp
Total Population 69,403

Population and Household Demographics

Morgan County is a county in Indiana with a population of 69,403. There are 25,609 households in the county with an average household size of 2.68 persons. 23.64% of households in Morgan County are renters.

Income and Rent Overburden in Morgan County

The median gross income for households in Morgan County is $55,432 a year, or $4,619 a month. The median rent for the county is $754 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Morgan County, a household making less than $2,513 a month would be considered overburdened when renting an apartment at or above the median rent. 41.95% of households who rent are overburdened in Morgan County.

Area Median Income In Morgan 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 Morgan County, HUD calculates the Area Median Income for a family of four as $82,000

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 Morgan 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 Morgan County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,250 $19,700 $22,150 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $28,700 $32,800 $36,900 $41,000 $44,300 $47,600 $50,850 $54,150
80% of Median $45,950 $52,500 $59,050 $65,600 $70,850 $76,100 $81,350 $86,600

Cities In Morgan County

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

City Served By
Bethany The HUD funded Public Housing Agency that serves Bethany is the South Central Community Action Program.
Brooklyn The HUD funded Public Housing Agency that serves Brooklyn is the South Central Community Action Program.
Martinsville The HUD funded Public Housing Agency that serves Martinsville is the South Central Community Action Program.
Monrovia The HUD funded Public Housing Agency that serves Monrovia is the South Central Community Action Program.
Mooresville The HUD funded Public Housing Agency that serves Mooresville is the South Central Community Action Program.
Morgantown The HUD funded Public Housing Agency that serves Morgantown is the South Central Community Action Program.
Painted Hills The HUD funded Public Housing Agency that serves Painted Hills is the South Central Community Action Program.
Paragon The HUD funded Public Housing Agency that serves Paragon is the South Central Community Action Program.