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Affordable Housing In Muncie
Delaware County, Indiana

24 Low Income Apartment Communities In Muncie

Carriage House

3969 N Everett Rd
Muncie, Indiana
Call For Rent
1-3 BR
Subsidized

The Lofts at Roberts

420 South High Street
Muncie, Indiana
$460-774
1-2 BR
55+

Cambridge Square Muncie

1601 E McGalliard Rd
Muncie, Indiana
Call For Rent
1 BR
Subsidized

Millennium Place I

810 S Monroe St
Muncie, Indiana

Millennium Place II

809 S Madison St
Muncie, Indiana

Millennium Place IV

915 S Vine St
Muncie, Indiana

Calvary Plaza

200 E 26th St
Muncie, Indiana
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Hillcroft Muncie

1803 N Elm St
Muncie, Indiana
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Elgin Manor Apartments

2573 N Elgin St
Muncie, Indiana
Subsidized

Gillbeke Apartments

2621 N Elgin St
Muncie, Indiana
Subsidized
62+
Accessible
Elderly Supportive Housing

Housing Authorities that serve Muncie

Housing Authority Programs
Delaware County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Muncie Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Muncie, Indiana

There are 24 low income housing apartment communities offering 1,516 affordable apartments for rent in Muncie, Indiana.

Income Based Apartments in Muncie, Indiana

Muncie features 1,075 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 Muncie, Indiana

There are 441 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Muncie.

Housing Choice Vouchers in Muncie, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Muncie, Indiana for a two-bedroom apartment is between $668 and $816.

2021 Muncie, 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 $562 $578 $742 $973 $1,103
Payment Standard Range $506 to $618 $520 to $636 $668 to $816 $876 to $1,070 $993 to $1,213

Sourced from federal housing data and AffordableHousingOnline.com research.

Muncie, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 24
Total Low Income Apartments 1,516
Total Housing Units with Rental Assistance 1,075
Percentage of Housing Units Occupied By Renters 49.22%
Average Renter Household Size 2.32
Average Household Size 2.29
Median Household Income $31,044 ±$1,143
Median Rent $691 ±$14
Percentage Of Renters Overburdened 57.08% ± 3.91pp
Total Population 70,173

Population and Household Demographics

Muncie is a city in Delaware County, Indiana with a population of 70,173. There are 27,390 households in the city with an average household size of 2.29 persons. 49.22% of households in Muncie are renters.

Income and Rent Overburden in Muncie

The median gross income for households in Muncie is $31,044 a year, or $2,587 a month. The median rent for the city is $691 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Muncie, a household making less than $2,303 a month would be considered overburdened when renting an apartment at or above the median rent. 57.08% of households who rent are overburdened in Muncie.

Area Median Income In Muncie

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Muncie, the AMI is calculated from all households within Delaware County.

In Muncie, HUD calculates the Area Median Income for a family of four as $64,600

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 Muncie

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 Muncie

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,750 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,100
50% of Median $22,900 $26,150 $29,400 $32,650 $35,300 $37,900 $40,500 $43,100
80% of Median $36,600 $41,800 $47,050 $52,250 $56,450 $60,650 $64,800 $69,000