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

Discover affordable housing in Vermillion County where there are 12+ 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.

Meadow Park Apartments

645 Clinton St, Clinton, Indiana 47842

bed 1-4
switch_access_shortcut Short Wait

Rivers Edge Apartments

234 S Main St, Clinton, Indiana 47842

switch_access_shortcut Short Wait
accessibility Accessible

Clinton Chateau

528 S Main St, Clinton, Indiana 47842

payment Subsidized

957 S Main St Unit Apt 1

957 S Main St, Clinton, Indiana 47842

bed 2
payment $625/mo.

1145 S Main St

1145 S Main St, Clinton, Indiana 47842

bed 3
payment $950/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Highland Manor Apartments

133 W Depot St, Perrysville, Indiana 47974

switch_access_shortcut Short Wait
accessibility Accessible

Aragon Apartments

1500 N 7th St, Clinton, Indiana 47842

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Clinton Apartments

465 S 11th St, Clinton, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Clinton Courts

1601 Fairway Cts, Clinton, Indiana 47842

payment Subsidized

Garfield Commons Apartments

17673 Kingsbrooke Circle , Clinton, Indiana 48038

bed 1-2
payment $720-800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Wildwood Apts

1508 North 8th Street, Clinton, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

North Albright Avenue

N Albright Ave, Cayuga, Indiana 47928

How To Identify Affordable Housing in Vermillion 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: Jun 1
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Vermillion County, Indiana
$18.26/hour
$11.01 (+152%) more than Indiana minimum wage and $11.01 (+152%) more than the Federal minimum wage.
Learn More About Vermillion County, Indiana Affordable Housing ↓

What HUD offices serve Vermillion 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 Vermillion County, Indiana.

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

How many renters live in Vermillion County, Indiana?

The County of Vermillion County has people living in households.

There are renters living in renter households in this County. Renters make up 20.58 percent of the population living in Vermillion County.

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

There are an estimated housing units in the Vermillion County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Vermillion County, Indiana, there are 1.04 rental units.

What is the vacancy rate for rentals in Vermillion County?

The rental vacancy rate in Vermillion County is 4 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 Vermillion County for each bedroom size?

Occupied Rental Units by Size in Vermillion County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
111 171 751 412 48
Occupied Rental Units by Size in Vermillion County

A large number of apartments in Vermillion 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 Vermillion County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $741 to $1,398. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $741
One BR $766
Two BR $964
Three BR $1,166
Four BR $1,398
2024 Fair Market Rents in Vermillion County, Indiana

How many units are rented at Fair Market Rent (FMR) in Vermillion 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 63 57 percent
One BR 136 80 percent
Two BR 583 78 percent
Rental Units Below FMR in Vermillion County, Indiana

How many affordable rental units are in Vermillion County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Vermillion County, Indiana

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

Income Based Apartments in Vermillion County, Indiana

Vermillion County features 284 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 Vermillion County, Indiana

There are 133 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vermillion County.

Housing Choice Vouchers in Vermillion County, Indiana

On average, Section 8 Housing Choice vouchers pay Vermillion County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Vermillion County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Vermillion County, Indiana for a two-bedroom apartment is between $868 and $1,060.

Sourced from federal housing data and AffordableHousingOnline.com research.