Low Income Apartments and Affordable Housing For Rent in Porter County, IN

Discover affordable housing in Porter County where there are 15+ 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.

Jamestown Apartments of Valparaiso

2810 Winchester Drive, Valparaiso, Indiana 46383

Anderson Crossing

783 Baltimore Rd., Valparaiso, Indiana 46385

Breckenridge Apartments

3300 Denise Dr, Portage, Indiana 46368

The Masters Apartments Phase II

2700 Gleneagles Blvd, Valparaiso, Indiana 46383

Windridge Village Apartments

2210 Beech St, Valparaiso, Indiana 46383

The Orchard III Apartments

700 Waverly Rd, Chesterton, Indiana 46304

Port Crossing III

3300 Portside Ct, Portage, Indiana 46368

Glen Cove Apartments Suburban Homes Corp

785 Baltimore Rd, Valparaiso, Indiana 46385

Aurora View Apartments

2610-40 Valparaiso Street, Valparaiso, Indiana 46383

Pines Apts of Hebron II

390 Aspen Street, Hebron, Indiana

Pines Apts of Hebron I

390 Aspen Street, Hebron, Indiana

Pines Apartments of Hebron III

199 Boardwalk, Hebron, Indiana

Portage Village Apartments

Airport Rd, Portage, Indiana 46368

Colonial Courts Apartments

1205 Chicago St, Valparaiso, Indiana 46383

Hunters Pointe II

1710 Vale Park Rd, Valparaiso, Indiana 46383

calendar_today Opens: Apr 1

Reported On February 15th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Porter County, Indiana
$23.75/hour
$16.50 (+228%) more than Indiana minimum wage and $16.50 (+228%) more than the Federal minimum wage.
Learn More About Porter County, Indiana Affordable Housing ↓

What HUD offices serve Porter County, 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 Porter County, Indiana.

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

How many renters live in Porter County, Indiana?

The County of Porter County has 174,791 people living in 70,116 households.

There are 33,357 renters living in 15,294 renter households in this County. Renters make up 19.08 percent of the population living in Porter County.

What is the rental market like in Porter County, Indiana?

There are an estimated 71,572 housing units in the Porter County area. Of these, 16,539 units are rental homes, making up 23 percent of the housing market. For every renter household in Porter County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Porter County?

The rental vacancy rate in Porter County is 5 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 Porter County for each bedroom size?

Occupied Rental Units by Size in Porter County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
690 3,470 6,606 4,092 654
Occupied Rental Units by Size in Porter County

A large number of apartments in Porter County 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 Porter County are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 19 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 Porter County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $869 to $1,672. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $869
One BR $1,027
Two BR $1,254
Three BR $1,539
Four BR $1,672
2024 Fair Market Rents in Porter County, Indiana

How many units are rented at Fair Market Rent (FMR) in Porter County?

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 270 39 percent
One BR 2,134 61 percent
Two BR 4,179 63 percent
Rental Units Below FMR in Porter County, Indiana

How many affordable rental units are in Porter County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,200
Section 8 Project-Based Rental Assistance 243
USDA Section 515 Rural Rental Housing 184
Tracked Units by Federal Program in Porter County, Indiana

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

Income Based Apartments in Porter County, Indiana

Porter County features 372 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 Porter County, Indiana

There are 956 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Porter County.

Housing Choice Vouchers in Porter County, Indiana

On average, Section 8 Housing Choice vouchers pay Porter County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Porter County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Porter County, Indiana for a two-bedroom apartment is between $1,129 and $1,379.

Sourced from federal housing data and AffordableHousingOnline.com research.