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There are 102 low-income apartments in Jasper County that offer reduced rents to eligible households. Low-income rents in Jasper County, Indiana can range from $498 to $702 depending on the number of bedrooms.
Rental assistance programs support 147 low-income homes in Jasper County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $375 towards rent each month.
Affordable rent data for some communities last confirmed on June 24th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Jasper 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 |
|---|---|
| Northwest Indiana Community Action | Section 8 Housing Choice Voucher (HCV) |
Jasper County, Indiana Affordable Housing Data
Income Based Apartments in Jasper County, Indiana
Jasper County features 147 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 Jasper County, Indiana
There are 102 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jasper County.
Housing Choice Vouchers in Jasper County, Indiana
On average, Section 8 Housing Choice vouchers pay Jasper County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Jasper County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jasper County, Indiana for a two-bedroom apartment is between $1,034 and $1,264.
2024 Jasper 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 | |
|---|---|---|---|---|---|
| Jasper County, Indiana Fair Market Rent | $869 | $874 | $1,149 | $1,495 | $1,530 |
| Jasper County, Indiana Payment Standard Range | $782 to $956 | $787 to $961 | $1,034 to $1,264 | $1,346 to $1,645 | $1,377 to $1,683 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Jasper County, IN Affordable Housing Snapshot
| Total Affordable Apartment Properties | 9 |
|---|---|
| Total Low Income Apartments | 250 |
| Total Housing Units with Rental Assistance | 147 |
| Percentage of Housing Units Occupied By Renters | 22.42% |
| Average Renter Household Size | 2.67 |
| Average Household Size | 2.71 |
| Median Household Income | $55,374 ±$3,120 |
| Median Rent | $733 ±$26 |
| Percentage Of Renters Overburdened | 42.75% ± 6.95pp |
| Total Population | 33,448 |
Population and Household Demographics
Jasper County is a county in Indiana with a population of 33,448. There are 11,996 households in the county with an average household size of 2.71 persons. 22.42% of households in Jasper County are renters.
Income and Rent Overburden in Jasper County
The median gross income for households in Jasper County is $55,374 a year, or $4,615 a month. The median rent for the county is $733 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jasper County, a household making less than $2,443 a month would be considered overburdened when renting an apartment at or above the median rent. 42.75% of households who rent are overburdened in Jasper County.
Area Median Income In Jasper 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 Jasper County, HUD calculates the Area Median Income for a family of four as $88,800
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 Jasper 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 Jasper 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 Jasper County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,000 | $20,550 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Jasper County AMI may qualify for rental assistance programs that target Very Low Income households. |
$29,950 | $34,200 | $38,500 | $42,750 | $46,200 | $49,600 | $53,050 | $56,450 |
| 80% AMI Income Limits Renters earning up to 80% of the Jasper County AMI may qualify for rental assistance programs that target Low Income households. |
$47,900 | $54,750 | $61,600 | $68,400 | $73,900 | $79,350 | $84,850 | $90,300 |
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