What HUD offices serve Trafalgar, 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 Trafalgar.
How many renters live in Trafalgar, Indiana?
The City of Trafalgar has people living in households.
There are renters living in renter households in this City. Renters make up 16.83 percent of the population living in Trafalgar.
What is the rental market like in Trafalgar, Indiana?
There are an estimated housing units in the Trafalgar area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Trafalgar, Indiana, there are 1.09 rental units.
What is the vacancy rate for rentals in Trafalgar?
The rental vacancy rate in Trafalgar 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 Trafalgar for each bedroom size?
Occupied Rental Units by Size in Trafalgar
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 6 | 48 | 20 | 31 | 3 |
Occupied Rental Units by Size in Trafalgar
A large number of apartments in Trafalgar 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 Trafalgar
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 Trafalgar, Indiana
How many units are rented at Fair Market Rent (FMR) in Trafalgar?
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 | 0 | 100 percent |
| One BR | 41 | 85 percent |
| Two BR | 17 | 85 percent |
Rental Units Below FMR in Trafalgar, Indiana
How many affordable rental units are in Trafalgar?
Income Based Apartments in Trafalgar, Indiana
Trafalgar features 16 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 Trafalgar, Indiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trafalgar.
Housing Choice Vouchers in Trafalgar, Indiana
On average, Section 8 Housing Choice vouchers pay Trafalgar landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trafalgar.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trafalgar, Indiana for a two-bedroom apartment is between $1,214 and $1,484.
Sourced from federal housing data and AffordableHousingOnline.com research.