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There are 1,078 low-income apartments in South Bend that offer reduced rents to eligible households.
Rental assistance programs support 2,055 low-income homes in South Bend where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $279 towards rent each month.
Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving South Bend, 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 |
|---|---|
| Housing Authority of South Bend | Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency |
| Saint Joseph County Housing Authority | Section 8 Housing Choice Voucher (HCV) |
South Bend, Indiana Affordable Housing Data
Income Based Apartments in South Bend, Indiana
South Bend features 2,055 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 South Bend, Indiana
There are 1,078 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Bend.
Housing Choice Vouchers in South Bend, Indiana
On average, Section 8 Housing Choice vouchers pay South Bend landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in South Bend.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Bend, Indiana for a two-bedroom apartment is between $915 and $1,119.
2024 South Bend, 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 | |
|---|---|---|---|---|---|
| South Bend, Indiana Fair Market Rent | $689 | $862 | $1,017 | $1,267 | $1,354 |
| South Bend, 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.
South Bend, IN Affordable Housing Snapshot
| Total Affordable Apartment Properties | 84 |
|---|---|
| Total Low Income Apartments | 3,345 |
| Total Housing Units with Rental Assistance | 2,055 |
| Percentage of Housing Units Occupied By Renters | 41.4% |
| Average Renter Household Size | 2.41 |
| Average Household Size | 2.49 |
| Median Household Income | $34,523 ±$860 |
| Median Rent | $703 ±$15 |
| Percentage Of Renters Overburdened | 49.44% ± 2.8pp |
| Total Population | 100,590 |
Population and Household Demographics
South Bend is a city in St Joseph County, Indiana with a population of 100,590. There are 39,448 households in the city with an average household size of 2.49 persons. 41.4% of households in South Bend are renters.
Income and Rent Overburden in South Bend
The median gross income for households in South Bend is $34,523 a year, or $2,877 a month. The median rent for the city is $703 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In South Bend, a household making less than $2,343 a month would be considered overburdened when renting an apartment at or above the median rent. 49.44% of households who rent are overburdened in South Bend.
Area Median Income In South Bend
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 South Bend, the AMI is calculated from all households within St Joseph County.
In South Bend, 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 South Bend
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 South Bend
| 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 South Bend 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 South Bend 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 South Bend 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 |
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