Affordable Housing In Wayne County
Indiana

25 Low Income Apartment Communities In Wayne County

Music City Place

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

Nine North Apartments

210 North 9th St
Richmond, IN
$277-779
1-3 BR
Accepts Vouchers

Adam Bartel

200 S 8th St
Richmond, IN
Call For Rent
1-2 BR
Accepts Vouchers

The Atlas Apartments

401 N 10th St
Richmond, IN
Call For Rent
1-2 BR
Accepts Vouchers

Hagerstown Faith Housing

145 West Walnut Street
Hagerstown, IN

Bethlehem Community

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

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

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

There are 25 low income housing apartment communities offering 1,701 affordable apartments for rent in Wayne County, Indiana.

Income Based Apartments in Wayne County, Indiana

Wayne County features 1,126 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 Wayne County, Indiana

There are 545 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wayne County.

Housing Choice Vouchers in Wayne County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wayne County, Indiana for a two-bedroom apartment is between $653 and $798.

2020 Wayne County, 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
Fair Market Rent $476 $550 $725 $933 $1,010
Payment Standard Range $428 to $524 $495 to $605 $653 to $798 $840 to $1,026 $909 to $1,111

Sourced from federal housing data and AffordableHousingOnline.com research.

Wayne County, IN Affordable Housing Snapshot

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

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

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.