What HUD offices serve North Webster, 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 North Webster.
How many renters live in North Webster, Indiana?
The City of North Webster has 962 people living in 492 households.
There are 199 renters living in 124 renter households in this City. Renters make up 20.69 percent of the population living in North Webster.
What is the rental market like in North Webster, Indiana?
There are an estimated 661 housing units in the North Webster area. Of these, 132 units are rental homes, making up 20 percent of the housing market. For every renter household in North Webster, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in North Webster?
The rental vacancy rate in North Webster is 6 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 Webster for each bedroom size?
Occupied Rental Units by Size in North Webster
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 11 | 84 | 25 | 4 |
Occupied Rental Units by Size in North Webster
A large number of apartments in North Webster 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 Webster are overburdened by housing costs?
Among renter households in this market, 38 percent have housing cost burden. Further, 22 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 Webster
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $785 to $1,351. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $785 |
| One BR | $790 |
| Two BR | $942 |
| Three BR | $1,162 |
| Four BR | $1,351 |
2024 Fair Market Rents in North Webster, Indiana
How many units are rented at Fair Market Rent (FMR) in North Webster?
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 | 0 | 100 percent |
| Two BR | 50 | 60 percent |
Rental Units Below FMR in North Webster, Indiana
How many affordable rental units are in North Webster?
Income Based Apartments in North Webster, Indiana
North Webster features 0 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 Webster, Indiana
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Webster.
Housing Choice Vouchers in North Webster, Indiana
On average, Section 8 Housing Choice vouchers pay North Webster landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in North Webster.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Webster, Indiana for a two-bedroom apartment is between $848 and $1,036.
Sourced from federal housing data and AffordableHousingOnline.com research.
