; Low Income Apartments For Rent in Delaware County, IN

Apply to Delaware County Apartment Waiting Lists

2304 E Memorial Dr Unit #1

2304 E Memorial Dr
Muncie, Indiana
$1,200
4 BR

421 Central Ave Unit C

421 Central Ave
Anderson, Indiana
$795
2 BR

2418 E Memorial Dr Unit #3

2418 E Memorial Dr
Muncie, Indiana
$750
2 BR

1713 S Jefferson St Unit 1713 1/2

1713 S Jefferson St
Muncie, Indiana
$650
1 BR

1709 S Elm St Unit 1709 HALF

1709 S Elm St Unit 1709 HALF
Muncie, Indiana
$625
2 BR

1304 N Country Club Rd

1304 N Country Club Rd
Muncie, Indiana
$693
3 BR

9901 IN-3 Unit 0011

9901 IN-3 Unit 0011
Muncie, Indiana
$1,149
3 BR

1108 N Leland Ave

1108 N Leland Ave
Muncie, Indiana
$995
3 BR

311 W Waid Ave Unit 1

311 W Waid Ave
Muncie, Indiana
$800
2 BR

110 S West St

110 S West St
Alexandria, Indiana
$725
1 BR

9901 IN-3 Unit 0024

9901 IN-3 Unit 0024
Muncie, Indiana
$1,149
3 BR

Normandy Apartments

3015 W Bethel Ave
Muncie, Indiana
$700
1 BR

1706 S High St

1706 S High St
Muncie, Indiana
$1,100
3 BR

607 Coventry Dr

607 Coventry Dr
Anderson, Indiana
$1,200
3 BR

10 E Dogwood Dr

10 E Dogwood Dr
Muncie, Indiana
$749
3 BR
Showing Results 46-60

There are 474 low-income apartments in Delaware County that offer reduced rents to eligible households. Low-income rents in Delaware County, Indiana can range from $460 to $825 depending on the number of bedrooms.

Rental assistance programs support 1,109 low-income homes in Delaware County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $283 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Delaware 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.

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

Delaware County, Indiana Affordable Housing Data

Income Based Apartments in Delaware County, Indiana

Delaware County features 1,109 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 Delaware County, Indiana

There are 474 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Delaware County.

Housing Choice Vouchers in Delaware County, Indiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Delaware County, Indiana for a two-bedroom apartment is between $857 and $1,047.

2024 Delaware 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
Delaware County, Indiana Fair Market Rent $708 $784 $952 $1,280 $1,383
Delaware County, Indiana Payment Standard Range $637 to $779 $706 to $862 $857 to $1,047 $1,152 to $1,408 $1,245 to $1,521

Sourced from federal housing data and AffordableHousingOnline.com research.

Delaware County, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 115
Total Low Income Apartments 1,667
Total Housing Units with Rental Assistance 1,109
Percentage of Housing Units Occupied By Renters 36.17%
Average Renter Household Size 2.34
Average Household Size 2.40
Median Household Income $38,830 ±$977
Median Rent $691 ±$14
Percentage Of Renters Overburdened 52.46% ± 3.18pp
Total Population 117,335

Population and Household Demographics

Delaware County is a county in Indiana with a population of 117,335. There are 45,761 households in the county with an average household size of 2.40 persons. 36.17% of households in Delaware County are renters.

Income and Rent Overburden in Delaware County

The median gross income for households in Delaware County is $38,830 a year, or $3,236 a month. The median rent for the county is $691 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Delaware County, a household making less than $2,303 a month would be considered overburdened when renting an apartment at or above the median rent. 52.46% of households who rent are overburdened in Delaware County.

Area Median Income In Delaware 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 Delaware County, HUD calculates the Area Median Income for a family of four as $70,100

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 Delaware 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 HUD Rental Assistance in Delaware County

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 Delaware County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,600 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Delaware County AMI may qualify for rental assistance programs that target Very Low Income households.
$27,650 $31,600 $35,550 $39,450 $42,650 $45,800 $48,950 $52,100
80% AMI Income Limits
Renters earning up to 80% of the Delaware County AMI may qualify for rental assistance programs that target Low Income households.
$44,200 $50,500 $56,800 $63,100 $68,150 $73,200 $78,250 $83,300