; Low Income Apartments For Rent in Warsaw, IN

Retired Tigers L.P.

320 W. Main St. Ofc
Warsaw, Indiana
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
Income Based
1 BR

Little Crow Lofts

201 S Detroit St
Warsaw, Indiana
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Valley Forge Apartments II

3100 Frontage Rd
Warsaw, Indiana
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515
RDRA

Wilson - Castaldi Apartments

1303 Husky Trl
Warsaw, Indiana
Subsidized
Supportive
S. 811 Supportive

Heron Preserve II

1101 Heron Blvd
Warsaw, Indiana
Rent Assisted
LIHTC
BMIR

Heron Preserve Apartments II

6104 Heron Blvd
Warsaw, Indiana
Rent Assisted
LIHTC

Pike Lake Pointe Apartments

1064 N Park Ave
Warsaw, Indiana
Rent Assisted
LIHTC
BMIR

Courts of Colfax

600 N Colfax St
Warsaw, Indiana
Rent Assisted
LIHTC
BMIR

802 Center

802 E. Center St. Warsaw, IN
Warsaw, Indiana
Rent Assisted
LIHTC
Call For Rent
2 BR

Beyerfarm Senior Delta Development

609 N Colfax St
Warsaw, Indiana
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
USDA S. 538
Call For Rent
1-2 BR
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There are 254 low-income apartments in Warsaw that offer reduced rents to eligible households.

Rental assistance programs support 182 low-income homes in Warsaw where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $381 towards rent each month.

Affordable rent data for some communities last confirmed on July 14th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Warsaw, 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.

Housing Authority Programs
Warsaw Housing Authority Section 8 Housing Choice Voucher (HCV)
Brightpoint Section 8 Housing Choice Voucher (HCV)
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Warsaw.

Warsaw, Indiana Affordable Housing Data

Income Based Apartments in Warsaw, Indiana

Warsaw features 182 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 Warsaw, Indiana

There are 254 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Warsaw.

Housing Choice Vouchers in Warsaw, Indiana

On average, Section 8 Housing Choice vouchers pay Warsaw landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Warsaw.

The maximum amount a voucher would pay on behalf of a low-income tenant in Warsaw, Indiana for a two-bedroom apartment is between $804 and $982.

2023 Warsaw, 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
Warsaw, Indiana Fair Market Rent $623 $763 $893 $1,107 $1,255
Warsaw, Indiana Payment Standard Range $561 to $685 $687 to $839 $804 to $982 $996 to $1,218 $1,130 to $1,381

Sourced from federal housing data and AffordableHousingOnline.com research.

Warsaw, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 436
Total Housing Units with Rental Assistance 182
Percentage of Housing Units Occupied By Renters 38.63%
Average Renter Household Size 2.22
Average Household Size 2.45
Median Household Income $46,195 ±$1,503
Median Rent $733 ±$48
Percentage Of Renters Overburdened 34.27% ± 7.11pp
Total Population 14,385

Population and Household Demographics

Warsaw is a city in Kosciusko County, Indiana with a population of 14,385. There are 5,635 households in the city with an average household size of 2.45 persons. 38.63% of households in Warsaw are renters.

Income and Rent Overburden in Warsaw

The median gross income for households in Warsaw is $46,195 a year, or $3,850 a month. The median rent for the city is $733 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Warsaw, a household making less than $2,443 a month would be considered overburdened when renting an apartment at or above the median rent. 34.27% of households who rent are overburdened in Warsaw.

Area Median Income In Warsaw

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Warsaw, the AMI is calculated from all households within Kosciusko County.

In Warsaw, HUD calculates the Area Median Income for a family of four as $91,700

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 Warsaw

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 Warsaw

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Warsaw AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,850 $20,400 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Warsaw AMI may qualify for rental assistance programs that target Very Low Income households.
$29,700 $33,950 $38,200 $42,400 $45,800 $49,200 $52,600 $56,000
80% AMI Income Limits
Renters earning up to 80% of the Warsaw AMI may qualify for rental assistance programs that target Low Income households.
$47,500 $54,300 $61,100 $67,850 $73,300 $78,750 $84,150 $89,600