Affordable Housing In Switzerland County
4 Low Income Apartment Communities In Switzerland County
Housing Authorities that serve Switzerland County
|Southeastern Indiana Economic Opportunity Corporation||Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency|
Guide To Affordable Housing in Switzerland County, Indiana
There are 4 low income housing apartment communities offering 236 affordable apartments for rent in Switzerland County, Indiana.
Income Based Apartments in Switzerland County, Indiana
Switzerland County features 236 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 Switzerland County, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Switzerland County.
Housing Choice Vouchers in Switzerland County, Indiana
On average, Section 8 Housing Choice vouchers pay Switzerland County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Switzerland County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Switzerland County, Indiana for a two-bedroom apartment is between $643 and $785.
2020 Switzerland County, Indiana Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$469||$543||$714||$998||$1,002|
|Payment Standard Range||$422 to $516||$489 to $597||$643 to $785||$898 to $1,098||$902 to $1,102|
Sourced from federal housing data and AffordableHousingOnline.com research.
Switzerland County, IN Affordable Housing Snapshot
|Total Affordable Apartment Properties||4|
|Total Low Income Apartments||236|
|Total Housing Units with Rental Assistance||236|
|Percentage of Housing Units Occupied By Renters||28.54%|
|Average Renter Household Size||2.83|
|Average Household Size||2.55|
|Median Household Income||$44,061 ±$2,816|
|Median Rent||$785 ±$55|
|Percentage Of Renters Overburdened||32.96% ± 8.68pp|
Population and Household Demographics
Switzerland County is a County in Indiana with a population of 10,500. There are 4,071 households in the county with an average household size of 2.55 persons. 28.54% of households in Switzerland County are renters.
Income and Rent Overburden in Switzerland County
The median gross income for households in Switzerland County is $44,061 a year, or $3,672 a month. The median rent for the county is $785 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Switzerland County, a household making less than $2,617 a month would be considered overburdened when renting an apartment at or above the median rent. 32.96% of households who rent are overburdened in Switzerland County.1
Area Median Income In Switzerland County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Switzerland County, HUD calculates the Area Median Income for a family of four as $50,600
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Switzerland County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Switzerland County HUD Rental Assistance in Switzerland County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,550||$16,910||$21,330||$25,750||$30,170||$34,590||$39,010||$42,600|
|50% of Median||$22,600||$25,800||$29,050||$32,250||$34,850||$37,450||$40,000||$42,600|
|80% of Median||$36,150||$41,300||$46,450||$51,600||$55,750||$59,900||$64,000||$68,150|
Cities In Switzerland County
Select A City to View its Apartment Communities and Waiting Lists.
|Vevay||4||The HUD funded Public Housing Agency that serves Vevay is the Southeastern Indiana Economic Opportunity Corporation.|
|East Enterprise||0||The HUD funded Public Housing Agency that serves East Enterprise is the Southeastern Indiana Economic Opportunity Corporation.|
|Florence||0||The HUD funded Public Housing Agency that serves Florence is the Southeastern Indiana Economic Opportunity Corporation.|
|Patriot||0||The HUD funded Public Housing Agency that serves Patriot is the Southeastern Indiana Economic Opportunity Corporation.|