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Affordable Housing In Tippecanoe County
Indiana

47 Low Income Apartment Communities In Tippecanoe County

Country Villa Apartments

3014 Fall Place
West Lafayette, Indiana
Call For Rent
1-3 BR
Subsidized

Fairington Apartments Lafayette

225 Fairington Ct
Lafayette, Indiana
Subsidized

Romney Meadows

2905 Westchester Lane
Lafayette, Indiana
Subsidized

Overlook Pointe

727 Elston Road
Lafayette, Indiana

Richfield Apartments West Lafayette

2300 Yeager Rd
West Lafayette, Indiana
Subsidized

Friendship House North II

1008 Cumberland Ave
West Lafayette, Indiana
Subsidized
62+
Accessible
Elderly Supportive Housing

Cambridge Estates II

2511 Malden Rd
Lafayette, Indiana
Subsidized

Carriage House Lafayette

1750 Windemere Dr
Lafayette, Indiana
Subsidized

Friendship House

1010 Cumberland Ave
West Lafayette, Indiana
Subsidized
62+
Accessible
Elderly Supportive Housing

Twyckenham Apartments

3200 Quarry Dr
Lafayette, Indiana
Subsidized

Housing Authorities that serve Tippecanoe County

Housing Authority Programs
Area IV Agency on Aging and Community Action Programs Inc Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Tippecanoe County, Indiana

There are 47 low income housing apartment communities offering 3,125 affordable apartments for rent in Tippecanoe County, Indiana.

Income Based Apartments in Tippecanoe County, Indiana

Tippecanoe County features 1,526 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 Tippecanoe County, Indiana

There are 1,599 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tippecanoe County.

Housing Choice Vouchers in Tippecanoe County, Indiana

On average, Section 8 Housing Choice vouchers pay Tippecanoe County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Tippecanoe County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tippecanoe County, Indiana for a two-bedroom apartment is between $785 and $959.

2021 Tippecanoe 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 $653 $753 $872 $1,156 $1,452
Payment Standard Range $588 to $718 $678 to $828 $785 to $959 $1,040 to $1,272 $1,307 to $1,597

Sourced from federal housing data and AffordableHousingOnline.com research.

Tippecanoe County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 47
Total Low Income Apartments 3,125
Total Housing Units with Rental Assistance 1,526
Percentage of Housing Units Occupied By Renters 47.21%
Average Renter Household Size 2.28
Average Household Size 2.46
Median Household Income $45,932 ±$1,223
Median Rent $795 ±$12
Percentage Of Renters Overburdened 53.24% ± 2.67pp
Total Population 180,952

Population and Household Demographics

Tippecanoe County is a county in Indiana with a population of 180,952. There are 67,756 households in the county with an average household size of 2.46 persons. 47.21% of households in Tippecanoe County are renters.

Income and Rent Overburden in Tippecanoe County

The median gross income for households in Tippecanoe County is $45,932 a year, or $3,828 a month. The median rent for the county is $795 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tippecanoe County, a household making less than $2,650 a month would be considered overburdened when renting an apartment at or above the median rent. 53.24% of households who rent are overburdened in Tippecanoe County.

Area Median Income In Tippecanoe 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 Tippecanoe County, HUD calculates the Area Median Income for a family of four as $79,100

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 Tippecanoe 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 HUD Rental Assistance in Tippecanoe County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,950 $18,200 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,600 $30,400 $34,200 $37,950 $41,000 $44,050 $47,100 $50,100
80% of Median $42,500 $48,600 $54,650 $60,700 $65,600 $70,450 $75,300 $80,150

Cities In Tippecanoe County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Americus The HUD funded Public Housing Agency that serves Americus is the Area IV Agency on Aging and Community Action Programs Inc.
Battle Ground The HUD funded Public Housing Agency that serves Battle Ground is the Area IV Agency on Aging and Community Action Programs Inc.
Buck Creek The HUD funded Public Housing Agency that serves Buck Creek is the Area IV Agency on Aging and Community Action Programs Inc.
Clarks Hill The HUD funded Public Housing Agency that serves Clarks Hill is the Area IV Agency on Aging and Community Action Programs Inc.
Colburn The HUD funded Public Housing Agency that serves Colburn is the Area IV Agency on Aging and Community Action Programs Inc.
Dayton The HUD funded Public Housing Agency that serves Dayton is the Area IV Agency on Aging and Community Action Programs Inc.
Lafayette The HUD funded Public Housing Agencies that serve Lafayette are the Lafayette Housing Authority and Area IV Agency on Aging and Community Action Programs Inc.
Montmorenci The HUD funded Public Housing Agency that serves Montmorenci is the Area IV Agency on Aging and Community Action Programs Inc.
Purdue University The HUD funded Public Housing Agency that serves Purdue University is the Area IV Agency on Aging and Community Action Programs Inc.
Shadeland The HUD funded Public Housing Agency that serves Shadeland is the Area IV Agency on Aging and Community Action Programs Inc.
Stockwell The HUD funded Public Housing Agency that serves Stockwell is the Area IV Agency on Aging and Community Action Programs Inc.
West Lafayette The HUD funded Public Housing Agencies that serve West Lafayette are the Lafayette Housing Authority and Area IV Agency on Aging and Community Action Programs Inc.
West Point The HUD funded Public Housing Agency that serves West Point is the Area IV Agency on Aging and Community Action Programs Inc.