What HUD offices serve Sellersburg, 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 Sellersburg.
How many renters live in Sellersburg, Indiana?
The City of Sellersburg has people living in households.
There are renters living in renter households in this City. Renters make up 10.53 percent of the population living in Sellersburg.
What is the rental market like in Sellersburg, Indiana?
There are an estimated housing units in the Sellersburg area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sellersburg, Indiana, there are 1.56 rental units.
What is the vacancy rate for rentals in Sellersburg?
The rental vacancy rate in Sellersburg is 24 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 Sellersburg for each bedroom size?
Occupied Rental Units by Size in Sellersburg
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
55 | 77 | 433 | 0 | 19 |
Occupied Rental Units by Size in Sellersburg
A large number of apartments in Sellersburg 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 Sellersburg
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $976 to $1,955. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $976 |
One BR | $1,077 |
Two BR | $1,301 |
Three BR | $1,701 |
Four BR | $1,955 |
2024 Fair Market Rents in Sellersburg, Indiana
How many units are rented at Fair Market Rent (FMR) in Sellersburg?
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 | 77 | 100 percent |
Two BR | 324 | 75 percent |
Rental Units Below FMR in Sellersburg, Indiana
How many affordable rental units are in Sellersburg?
Income Based Apartments in Sellersburg, Indiana
Sellersburg 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 Sellersburg, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sellersburg.
Housing Choice Vouchers in Sellersburg, Indiana
On average, Section 8 Housing Choice vouchers pay Sellersburg landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Sellersburg.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sellersburg, Indiana for a two-bedroom apartment is between $1,171 and $1,431.
Sourced from federal housing data and AffordableHousingOnline.com research.