Low Income Apartments and Affordable Housing For Rent in Vanderburgh County, IN

Discover affordable housing in Vanderburgh County where there are 105+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Memorial Walnut Street - Housing Dev.

507 Walnut St, Evansville, Indiana 47708

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Dmd Choice

101 Read St, Evansville, Indiana 47710

Washington Court Apartments

111 Washington Ave, Evansville, Indiana 47713

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

772 Washington Ave

772 Washington Ave, Evansville, Indiana 47713

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Jefferson Project

103 Jefferson Ave, Evansville, Indiana 47713

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Vanderburgh County, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Jan 15
Open Until Further Notice
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Reported On July 14th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Vanderburgh County, Indiana
$20.27/hour
$13.02 (+180%) more than Indiana minimum wage and $13.02 (+180%) more than the Federal minimum wage.
Learn More About Vanderburgh County, Indiana Affordable Housing ↓

What HUD offices serve Vanderburgh County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Vanderburgh County, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Vanderburgh County.

How many renters live in Vanderburgh County, Indiana?

The County of Vanderburgh County has people living in households.

There are renters living in renter households in this County. Renters make up 30.73 percent of the population living in Vanderburgh County.

What is the rental market like in Vanderburgh County, Indiana?

There are an estimated housing units in the Vanderburgh County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Vanderburgh County, Indiana, there are 1.12 rental units.

What is the vacancy rate for rentals in Vanderburgh County?

The rental vacancy rate in Vanderburgh County is 7 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 Vanderburgh County for each bedroom size?

Occupied Rental Units by Size in Vanderburgh County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,077 7,602 10,474 4,845 1,306
Occupied Rental Units by Size in Vanderburgh County

A large number of apartments in Vanderburgh County 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 Vanderburgh County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $766 to $1,558. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $766
One BR $850
Two BR $1,070
Three BR $1,360
Four BR $1,558
2024 Fair Market Rents in Vanderburgh County, Indiana

How many units are rented at Fair Market Rent (FMR) in Vanderburgh County?

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 1,281 62 percent
One BR 4,807 63 percent
Two BR 6,734 64 percent
Rental Units Below FMR in Vanderburgh County, Indiana

How many affordable rental units are in Vanderburgh County?

There are a variety of federal affordable housing programs serving households in Vanderburgh County, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Vanderburgh County, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Vanderburgh County, Indiana

Vanderburgh County features 2,086 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 Vanderburgh County, Indiana

There are 1,278 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vanderburgh County.

Housing Choice Vouchers in Vanderburgh County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Vanderburgh County, Indiana for a two-bedroom apartment is between $963 and $1,177.

Sourced from federal housing data and AffordableHousingOnline.com research.

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