Low Income Apartments and Affordable Housing For Rent in Switz City, IN

Discover affordable housing in Switz City 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.

Meadow View Apartments

200 Meadowview Lane, Switz City, Indiana 47465

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Meadow View Senior Apartments ( Sc )

S Charlotte Ave, Switz City, Indiana 47465

How To Identify Affordable Housing in Switz City, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Aug 15
Open Until Further Notice
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calendar_month

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Switz City, Indiana
$16.34/hour
$9.09 (+125%) more than Indiana minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Switz City, Indiana Affordable Housing ↓

What HUD offices serve Switz City, 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 Switz City, Indiana.

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

How many renters live in Switz City, Indiana?

The City of Switz City has people living in households.

There are renters living in renter households in this City. Renters make up 22.18 percent of the population living in Switz City.

What is the rental market like in Switz City, Indiana?

There are an estimated housing units in the Switz City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Switz City, Indiana, there are 1.09 rental units.

What is the vacancy rate for rentals in Switz City?

The rental vacancy rate in Switz City is 8 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 Switz City for each bedroom size?

Occupied Rental Units by Size in Switz City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 7 21 4 0
Occupied Rental Units by Size in Switz City

A large number of apartments in Switz City 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 Switz City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,303. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $631
One BR $672
Two BR $863
Three BR $1,171
Four BR $1,303
2024 Fair Market Rents in Switz City, Indiana

How many units are rented at Fair Market Rent (FMR) in Switz City?

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 2 100 percent
One BR 6 86 percent
Two BR 14 67 percent
Rental Units Below FMR in Switz City, Indiana

How many affordable rental units are in Switz City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Switz City, Indiana

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

Income Based Apartments in Switz City, Indiana

Switz City features 21 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 Switz City, Indiana

There are 21 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Switz City.

Housing Choice Vouchers in Switz City, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Switz City, Indiana for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.

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