Low Income Apartments and Affordable Housing For Rent in North Liberty, IN

Discover affordable housing in North Liberty where there are 2+ 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.

The Meadows

635 Meadow Drive , North Liberty, Indiana 46554

100 North Apartments Ruth a Desimone Justus Property Mgm

204 E Harrison St, North Liberty, Indiana 46554

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In North Liberty, Indiana
$12.01 (+166%) more than Indiana minimum wage and $12.01 (+166%) more than the Federal minimum wage.
Learn More About North Liberty, Indiana Affordable Housing ↓

What HUD offices serve North Liberty, 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 North Liberty, Indiana.

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

How many renters live in North Liberty, Indiana?

The City of North Liberty has 1,726 people living in 711 households.

There are 285 renters living in 141 renter households in this City. Renters make up 16.51 percent of the population living in North Liberty.

What is the rental market like in North Liberty, Indiana?

There are an estimated 751 housing units in the North Liberty area. Of these, 150 units are rental homes, making up 20 percent of the housing market. For every renter household in North Liberty, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in North Liberty?

The rental vacancy rate in North Liberty 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 North Liberty for each bedroom size?

Occupied Rental Units by Size in North Liberty
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 50 60 16 7
Occupied Rental Units by Size in North Liberty

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

Among renter households in this market, 71 percent have housing cost burden. Further, 27 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 North Liberty

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 North Liberty, Indiana

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

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
Studio 0 100 percent
One BR 41 82 percent
Two BR 47 78 percent
Rental Units Below FMR in North Liberty, Indiana

How many affordable rental units are in North Liberty?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 50
Tracked Units by Federal Program in North Liberty, Indiana

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

Income Based Apartments in North Liberty, Indiana

North Liberty features 50 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 North Liberty, Indiana

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Liberty.

Housing Choice Vouchers in North Liberty, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in North Liberty, Indiana for a two-bedroom apartment is between $915 and $1,119.

Sourced from federal housing data and AffordableHousingOnline.com research.