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Discover affordable housing in Evansville where there are 47+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
5308 Eden Drive, Evansville, Indiana 47715
bed1-2
payment$54-107/mo.
5300 Carriage Drive, Evansville, Indiana 47715
bed1-3
3700 Justus Ct, Evansville, Indiana 47714
bed1-4
535 Lincoln Ave & 1050 Bayard Park Dr, Evansville, Indiana 47713
bed1-3
6649 Old Boonville Hwy, Evansville, Indiana 47715
1450 Luther Sq, Evansville, Indiana 47714
1210 Vista Ct, Evansville, Indiana 47710
420 S.E. 10th Street, Evansville, Indiana 46201
bed2-3
315 S.E Martin Luther King Jr. Blvd, Evansville, Indiana 47713
bedStudio-2
203 NW 5th St. Evansville, IN , Evansville, Indiana 47708
bed2
1000 Fulton Pkwy, Evansville, Indiana 47710
2451 Waterbridge Way, Evansville, Indiana 47710
725 Liberty Way, Evansville, Indiana 47713
5010 Cass Ave, Evansville, Indiana 47715
252 E Mulberry St, Evansville, Indiana 47713
2305 S Rotherwood Ave, Evansville, Indiana 47714
Various Sites within Evansville , Evansville, Indiana 47807
607 E. Iowa Street, Evansville, Indiana 47711
bed1-3
2200 N 7th Ave, Evansville, Indiana 47710
1212 Baker Ave, Evansville, Indiana 47710
How To Identify Affordable Housing in Evansville, Indiana
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
calendar_todayOpened: Jan 15,2024
Open Until Further Notice
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Reported On January 15th, 2024 byNathan Brunet
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InEvansville, Indiana
$20.27/hour
(+180%) more thanIndiana minimum wage and
$13.02(+180%) more than the Federal minimum wage.
Learn More About Evansville, Indiana AffordableHousing ↓
What HUD offices serve Evansville, Indiana?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Housing Authority of the City of Evansville
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Evansville, Indiana.
Lincoln Hills Development Corporation
Operates the Section 8 Housing Choice Voucher (HCV) programs for Evansville, Indiana.
Go to theIndianaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Evansville.
How many renters live in Evansville, Indiana?
The City of Evansville haspeople living in households.
There are renters living inrenter households in thisCity. Renters make up 40.01percent of the population living in Evansville.
What is the rental market like in Evansville, Indiana?
There are an estimated housing units in theEvansville area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Evansville, Indiana, there are1.1 rental units.
What is the vacancy rate for rentals in Evansville?
The rental vacancy rate in Evansville is 7 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.
How many rental units are in Evansville for each bedroom size?
Occupied Rental Units by Size in Evansville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 2,077 7,160 9,293 3,950 874 Occupied Rental Units by Size in Evansville
A large number of apartments in Evansville have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How Much Is Rent in Evansville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $766 to $1,558. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $766 One BR $850 Two BR $1,070 Three BR $1,360 Four BR $1,558 2024 Fair Market Rents in Evansville, Indiana
How many units are rented at Fair Market Rent (FMR) in Evansville?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 1,281 62 percent One BR 4,581 64 percent Two BR 5,744 62 percent Rental Units Below FMR in Evansville, Indiana
How many affordable rental units are in Evansville?
There are a variety of federal affordable housing programs serving households inEvansville, Indiana including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Tracked Units by Federal Program in Evansville, Indiana
Income Based Apartments in Evansville, Indiana
Evansville features 2,086 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Evansville, Indiana
There are 1,278 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Evansville.
Housing Choice Vouchers in Evansville, Indiana
On average, Section 8 Housing Choice vouchers pay Evansville landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inEvansville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Evansville, Indiana fora two-bedroom apartment is between $963 and $1,177.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
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