Affordable Housing In Switzerland County
Indiana

4 Low Income Apartment Communities In Switzerland County

Riverbend Senior Apartments

501 Washington Street #7
Vevay, IN
Call For Rent
1-2 BR
55+
Accessible

Valley Apartments

402 Seminary Street
Vevay, IN
Subsidized

Switzer Square Apartments

803 E Main St
Vevay, IN
Subsidized

Indian Creek - Credits Returned 04 11 01

6268 E State Road 56
Vevay, IN
Accepts Vouchers
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Housing Authorities that serve Switzerland County

Housing Authority Programs
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
Total Population 10,500

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.

City Listings Served By
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.