What HUD offices serve Thorntown, 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 Thorntown.
How many renters live in Thorntown, Indiana?
The City of Thorntown has people living in households.
There are renters living in renter households in this City. Renters make up 32.26 percent of the population living in Thorntown.
What is the rental market like in Thorntown, Indiana?
There are an estimated housing units in the Thorntown area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Thorntown, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Thorntown?
The rental vacancy rate in Thorntown is 0 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 Thorntown for each bedroom size?
Occupied Rental Units by Size in Thorntown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 17 | 68 | 41 | 15 |
Occupied Rental Units by Size in Thorntown
A large number of apartments in Thorntown 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 Thorntown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $982 to $2,126. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $982 |
| One BR | $1,145 |
| Two BR | $1,349 |
| Three BR | $1,758 |
| Four BR | $2,126 |
2024 Fair Market Rents in Thorntown, Indiana
How many units are rented at Fair Market Rent (FMR) in Thorntown?
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 |
| One BR | 17 | 100 percent |
| Two BR | 66 | 97 percent |
Rental Units Below FMR in Thorntown, Indiana
How many affordable rental units are in Thorntown?
Income Based Apartments in Thorntown, Indiana
Thorntown 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 Thorntown, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thorntown.
Housing Choice Vouchers in Thorntown, Indiana
On average, Section 8 Housing Choice vouchers pay Thorntown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Thorntown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Thorntown, Indiana for a two-bedroom apartment is between $1,214 and $1,484.
Sourced from federal housing data and AffordableHousingOnline.com research.