Affordable Housing In Noble County
Indiana

22 Low Income Apartment Communities In Noble County

Carriage House Kendallville

340 Ashton Dr
Kendallville, IN
Call For Rent
1-3 BR
Subsidized

Riverside Villa Apartments

200 Water St
Ligonier, IN
Call For Rent
1-2 BR
HCV Welcome
Market Rate

Atz Place

301 E Wayne St
Kendallville, IN
Call For Rent
1-2 BR
62+
HCV Welcome

Daisy Meadow Apartments

802 Gloriosa Circle
Kendallville, IN

Opportunity Apartments

1905 Dowling St
Kendallville, IN
62+
Accessible
Elderly Supportive Housing
Subsidized

Pioneer Lodge

409 S Lincoln St
Kendallville, IN
Accessible
Disabled Supportive Housing
Subsidized

Provena Laverna Terrace

517 N Main St
Avilla, IN
62+
Accessible
Elderly Supportive Housing
Subsidized

Drake Terrace I Drake Terrace Ltd Deardorf Property

700 Berry Ln
Kendallville, IN
Subsidized

Towne Village Apartments

997 Southfield Dr
Ligonier, IN
HCV Welcome

R.A. Streb Complex

240 Angling Rd
Kendallville, IN
HCV Welcome

Housing Authorities that serve Noble County

Housing Authority Programs
Brightpoint Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Noble County

Housing Authority Programs
Housing Authority of the City of Kendallville Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of the City of Rome City Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Noble County, Indiana

There are 22 low income housing apartment communities offering 1,063 affordable apartments for rent in Noble County, Indiana. Noble County features 718 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 285 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Noble County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Noble County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 1,063
Total Housing Units with Rental Assistance 718
Percentage of Housing Units Occupied By Renters 24.91%
Average Renter Household Size 2.52
Average Household Size 2.58
Median Household Income $49,331 ±$1,879
Median Rent $640 ±$20
Percentage Of Renters Overburdened 38.88% ± 5.34pp
Total Population 47,546

Population and Household Demographics

Noble County is a County in Indiana with a population of 47,546. There are 18,101 households in the county with an average household size of 2.58 persons. 24.91% of households in Noble County are renters.

Income and Rent Overburden in Noble County

The median gross income for households in Noble County is $49,331 a year, or $4,111 a month. The median rent for the county is $640 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Noble County, a household making less than $2,133 a month would be considered overburdened when renting an apartment at or above the median rent. 38.88% of households who rent are overburdened in Noble County.1

Area Median Income In Noble 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 Noble County, HUD calculates the Area Median Income for a family of four as $65,000

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 Noble 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 Noble County HUD Rental Assistance in Noble County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,900
50% of Median $22,750 $26,000 $29,250 $32,500 $35,100 $37,700 $40,300 $42,900
80% of Median $36,400 $41,600 $46,800 $52,000 $56,200 $60,350 $64,500 $68,650
Low Income Housing Tax Credits in Noble County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2005, 9 low income apartment communities containing 244 rental apartments have been constructed and made affordable to low income persons in Noble County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Noble County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,750 $26,000 $29,250 $32,500 $35,100 $37,700 $40,300 $42,900
60% of Median $27,300 $31,200 $35,100 $39,000 $42,120 $45,240 $48,360 $51,480

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Noble County is $35,100 a year, or $2,925 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,925 by 30% to get a maximum rent of $878 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $569 $609 $731 $845 $943 $1,040
60% $683 $731 $878 $1,014 $1,131 $1,248
Fair Market Rents in Noble County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$500 $589 $714 $946 $1,152

Cities In Noble County

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

City Listings Served By
Kendallville 13 The HUD funded Public Housing Agencies that serve Kendallville are the Housing Authority of the City of Kendallville and Brightpoint.
Albion 0 The HUD funded Public Housing Agency that serves Albion is the Brightpoint.
Avilla 1 The HUD funded Public Housing Agency that serves Avilla is the Brightpoint.
Ligonier 6 The HUD funded Public Housing Agency that serves Ligonier is the Brightpoint.
Cromwell 1 The HUD funded Public Housing Agency that serves Cromwell is the Brightpoint.
Kimmell 0 The HUD funded Public Housing Agency that serves Kimmell is the Brightpoint.
Rome City 1 The HUD funded Public Housing Agency that serves Rome City is the Brightpoint.