What HUD offices serve New Carlisle, 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.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near New Carlisle.
How many renters live in New Carlisle, Indiana?
The City of New Carlisle has people living in households.
There are renters living in renter households in this City. Renters make up 22.48 percent of the population living in New Carlisle.
What is the rental market like in New Carlisle, Indiana?
There are an estimated housing units in the New Carlisle area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New Carlisle, Indiana, there are 1.3 rental units.
What is the vacancy rate for rentals in New Carlisle?
The rental vacancy rate in New Carlisle is 23 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in New Carlisle for each bedroom size?
Occupied Rental Units by Size in New Carlisle
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 48 | 71 | 99 | 0 |
Occupied Rental Units by Size in New Carlisle
A large number of apartments in New Carlisle have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in New Carlisle
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $689 to $1,354. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $689 |
One BR | $862 |
Two BR | $1,017 |
Three BR | $1,267 |
Four BR | $1,354 |
2024 Fair Market Rents in New Carlisle, Indiana
How many units are rented at Fair Market Rent (FMR) in New Carlisle?
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 | 30 | 63 percent |
Two BR | 47 | 66 percent |
Rental Units Below FMR in New Carlisle, Indiana
How many affordable rental units are in New Carlisle?
Income Based Apartments in New Carlisle, Indiana
New Carlisle features 102 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 New Carlisle, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Carlisle.
Housing Choice Vouchers in New Carlisle, Indiana
On average, Section 8 Housing Choice vouchers pay New Carlisle landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in New Carlisle.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Carlisle, Indiana for a two-bedroom apartment is between $915 and $1,119.
Sourced from federal housing data and AffordableHousingOnline.com research.