; Low Income Apartments For Rent in North Liberty, IN

The Meadows

635 Meadow Drive
North Liberty, Indiana
Subsidized
PBRA
BMIR
Income Based
1-3 BR

100 North Apartments Ruth a Desimone Justus Property Mgm

204 E Harrison St
North Liberty, Indiana
Rent Assisted
Senior
Supportive
S515
Showing Results 1-15
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There are 8 low-income apartments in North Liberty that offer reduced rents to eligible households.

Rental assistance programs support 50 low-income homes in North Liberty where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving North Liberty, 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
Saint Joseph County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near North Liberty.

North Liberty, Indiana Affordable Housing Data

Income Based Apartments in North Liberty, Indiana

North Liberty features 50 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 North Liberty, Indiana

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Liberty.

Housing Choice Vouchers in North Liberty, Indiana

On average, Section 8 Housing Choice vouchers pay North Liberty landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in North Liberty.

The maximum amount a voucher would pay on behalf of a low-income tenant in North Liberty, Indiana for a two-bedroom apartment is between $915 and $1,119.

2024 North Liberty, 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
North Liberty, Indiana Fair Market Rent $689 $862 $1,017 $1,267 $1,354
North Liberty, Indiana Payment Standard Range $620 to $758 $776 to $948 $915 to $1,119 $1,140 to $1,394 $1,219 to $1,489

Sourced from federal housing data and AffordableHousingOnline.com research.

North Liberty, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 58
Total Housing Units with Rental Assistance 50
Percentage of Housing Units Occupied By Renters 35.63%
Average Renter Household Size 2.49
Average Household Size 2.71
Median Household Income $38,333 ±$10,413
Median Rent $552 ±$263
Percentage Of Renters Overburdened 34.68% ± 14.27pp
Total Population 1,883

Population and Household Demographics

North Liberty is a city in St Joseph County, Indiana with a population of 1,883. There are 696 households in the city with an average household size of 2.71 persons. 35.63% of households in North Liberty are renters.

Income and Rent Overburden in North Liberty

The median gross income for households in North Liberty is $38,333 a year, or $3,194 a month. The median rent for the city is $552 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In North Liberty, a household making less than $1,840 a month would be considered overburdened when renting an apartment at or above the median rent. 34.68% of households who rent are overburdened in North Liberty.

Area Median Income In North Liberty

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 North Liberty, the AMI is calculated from all households within St Joseph County.

In North Liberty, HUD calculates the Area Median Income for a family of four as $88,500

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 North Liberty

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 North Liberty

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 North Liberty AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,400 $19,850 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the North Liberty AMI may qualify for rental assistance programs that target Very Low Income households.
$28,950 $33,050 $37,200 $41,300 $44,650 $47,950 $51,250 $54,550
80% AMI Income Limits
Renters earning up to 80% of the North Liberty AMI may qualify for rental assistance programs that target Low Income households.
$46,250 $52,850 $59,450 $66,050 $71,350 $76,650 $81,950 $87,200