Affordable Housing In Wayne County
Indiana


Waiting List Openings In Wayne County

Waiting ListStatus
Interlocal Community Action Program Inc Housing Choice Voucher Open Soon

25 Low Income Apartment Communities In Wayne County

Music City Place

50 N. 8th St.
Richmond, IN
$240-436
Studio-2 BR
55+
62+
HCV Welcome

Nine North Apartments

210 North 9th St
Richmond, IN
$277-779
1-3 BR
HCV Welcome

Adam Bartel

200 S 8th St
Richmond, IN
Call For Rent
1-2 BR
HCV Welcome

The Atlas Apartments

401 N 10th St
Richmond, IN
Call For Rent
1-2 BR
HCV Welcome

Hagerstown Faith Housing

145 West Walnut Street
Hagerstown, IN

Bethlehem Community

1212 S 20th St
Richmond, IN
62+
Accessible
Elderly Supportive Housing
Subsidized

Parc Lorraine Coop I

100 S 52nd St
Richmond, IN
Subsidized

Interfaith Housing A

34 NW 5th St
Richmond, IN
Subsidized

Panoramic Apartments Phase IV

600 N Morton Ave
Centerville, IN
Subsidized

Parc Lorraine Coop II

100 S 52nd Pl
Richmond, IN
Subsidized

There are 25 low income housing apartment complexes which contain 1,701 affordable apartments for rent in Wayne County. Many of these rental apartments are income based housing with 1,126 apartments that set rent based on your income. In Wayne County, HUD housing programs support 636 rental assistance apartments through programs like Project-based Section 8. There are 545 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Wayne County

Housing Authority Programs
Interlocal Community Action Program Inc Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Wayne County

Housing Authority Programs
Housing Authority of the City of Richmond Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Wayne County, Indiana

Wayne County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 25
Total Low Income Apartments 1,701
Total Rent Assisted Apartments 1,126
Percentage of Housing Units Occupied By Renters 31.55%
Average Renter Household Size 2.42
Total Population 67,866
Housing Units 27,168
Average Household Size 2.40
Median Household Income $38,494 ±$1,518
Median Rent $623 ±$17
Percentage Of Renters Overburdened 46.99% ± 3.95pp

Population and Household Demographics

Wayne County is a County in Indiana with a population of 67,866. There are 27,168 households in the county with an average household size of 2.40 persons. 31.55% of households in Wayne County are renters.

Income and Rent Overburden in Wayne County

The median gross income for households in Wayne County is $38,494 a year, or $3,208 a month. The median rent for the county is $623 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wayne County, a household making less than $2,077 a month would be considered overburdened when renting an apartment at or above the median rent. 46.99% of households who rent are overburdened in Wayne County.1

Area Median Income In Wayne 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 Wayne County, HUD calculates the Area Median Income for a family of four as $60,700

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 Wayne 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 Wayne County HUD Rental Assistance in Wayne County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,600
50% of Median $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% of Median $36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150
Low Income Housing Tax Credits in Wayne County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2012, 9 low income apartment communities containing 366 rental apartments have been constructed and made affordable to low income persons in Wayne County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Wayne County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
60% of Median $27,120 $30,960 $34,860 $38,700 $41,820 $44,940 $48,000 $51,120

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Wayne County is $34,860 a year, or $2,905 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,905 by 30% to get a maximum rent of $872 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $565 $605 $726 $839 $936 $1,033
60% $678 $726 $872 $1,007 $1,124 $1,239
Fair Market Rents in Wayne County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$462 $524 $688 $891 $930

Cities In Wayne County

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

City Listings Served By
Richmond 21 The HUD funded Public Housing Agencies that serve Richmond are the Housing Authority of the City of Richmond and Interlocal Community Action Program Inc.
Cambridge City 1 The HUD funded Public Housing Agency that serves Cambridge City is the Interlocal Community Action Program Inc.
Centerville 1 The HUD funded Public Housing Agency that serves Centerville is the Interlocal Community Action Program Inc.
Hagerstown 1 The HUD funded Public Housing Agency that serves Hagerstown is the Interlocal Community Action Program Inc.
Dublin 1 The HUD funded Public Housing Agency that serves Dublin is the Interlocal Community Action Program Inc.
Boston 0 The HUD funded Public Housing Agency that serves Boston is the Interlocal Community Action Program Inc.
East Germantown 0 The HUD funded Public Housing Agency that serves East Germantown is the Interlocal Community Action Program Inc.
Economy 0 The HUD funded Public Housing Agency that serves Economy is the Interlocal Community Action Program Inc.
Fountain City 0 The HUD funded Public Housing Agency that serves Fountain City is the Interlocal Community Action Program Inc.
Greens Fork 0 The HUD funded Public Housing Agency that serves Greens Fork is the Interlocal Community Action Program Inc.
Milton 0 The HUD funded Public Housing Agency that serves Milton is the Interlocal Community Action Program Inc.
Mount Auburn 0 The HUD funded Public Housing Agency that serves Mount Auburn is the Interlocal Community Action Program Inc.
Spring Grove 0 The HUD funded Public Housing Agency that serves Spring Grove is the Interlocal Community Action Program Inc.
Whitewater 0 The HUD funded Public Housing Agency that serves Whitewater is the Interlocal Community Action Program Inc.