Low Income Apartments and Affordable Housing For Rent in Columbus, IN (2024)

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Discover affordable housing in Columbus where there are 22+ 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.

Central Park Place

1500 13th Street, Columbus, Indiana 47201

bed1-2

payment$516-771/mo.

Fairington of Columbus

2351 Fairington Ct, Columbus, Indiana 47203

bed1

Ashford Park

1616 10th Street, Columbus, Indiana 47201

bed1-3

Larae Apartments

2469 W Larae Avenue, Columbus, Indiana 47201

Indiana House

2650 Fox Pointe Dr, Columbus, Indiana 47203

All Saints Community

5400 Yellowwood Dr, Columbus, Indiana 47203

Mapleview Apartments

2999 9th St, Columbus, Indiana 47201

Dogwood Place

730 Schnier St, Columbus, Indiana 47201

Booth Manor Columbus

2525 Illinois Ave, Columbus, Indiana 47201

The Lofts at Ashford

1539 10th St, Columbus, Indiana 47201

bed1-2

payment$763-966/mo.

Arbors at Waters Edge ( Fka Arbors at Princeton Park )

4060 N 150 W, Columbus, Indiana 47201

Cambridge Square

3301 McKinley Ave, Columbus, Indiana 47201

bed1-4

The Armory - 2

646 Franklin St, Columbus, Indiana 47201

Foxpointe Commons

4740 Fox Trail Ln, Columbus, Indiana 47203

Prestwick Square of Columbus II

420 Wint Ln, Columbus, Indiana 47201

Gladstone Apartments

411 South Gladstone Avenue, Columbus, Indiana 47201

bed1-3

Heritage Woods

222 Sycamore St, Columbus, Indiana 47201

Fox Pointe Place

4735 Fox Trail Ln, Columbus, Indiana 47203

Heritage Woods Phase II

801 McClure Rd, Columbus, Indiana 47201

How To Identify Affordable Housing in Columbus, 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.

BadgeDescription

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.
Columbus Housing Authority Section 8 HCV

Open Until Further Notice

cloud_download

calendar_month

touch_appGet the Application

Reported On February 23rd, 2024 byColleen Carter

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InColumbus, Indiana

$22.65/hour

$15.40

(+212%) more thanIndiana minimum wage and

$15.40

(+212%) more than the Federal minimum wage.

Learn More About Columbus, Indiana AffordableHousing ↓

What HUD offices serve Columbus, 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.

Columbus Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Columbus, Indiana.

Human Services Inc.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Columbus, Indiana.

Go to theIndianaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Columbus.

How many renters live in Columbus, Indiana?

The City of Columbus haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 34.01percent of the population living in Columbus.

What is the rental market like in Columbus, Indiana?

There are an estimated housing units in theColumbus area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Columbus, Indiana, there are1.05 rental units.

What is the vacancy rate for rentals in Columbus?

The rental vacancy rate in Columbus is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Columbus for each bedroom size?

Occupied Rental Units by Size in Columbus
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
4132,6113,5171,651215

Occupied Rental Units by Size in Columbus

A large number of apartments in Columbus have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Columbus

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,037 to $1,669. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,037
One BR$1,065
Two BR$1,196
Three BR$1,539
Four BR$1,669

2024 Fair Market Rents in Columbus, Indiana

How many units are rented at Fair Market Rent (FMR) in Columbus?

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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio23657 percent
One BR1,37153 percent
Two BR1,87353 percent

Rental Units Below FMR in Columbus, Indiana

How many affordable rental units are in Columbus?

There are a variety of federal affordable housing programs serving households inColumbus, Indiana including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Columbus, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Columbus, Indiana

Columbus features 456 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Columbus, Indiana

There are 868 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Columbus.

Housing Choice Vouchers in Columbus, Indiana

On average, Section 8 Housing Choice vouchers pay Columbus landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inColumbus.

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbus, Indiana fora two-bedroom apartment is between $1,076 and $1,316.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Interested in a waiting list that opens soon?

Get a head start, and scan important documents you may need for applications, like drivers licenses, birth certificates, and Social Security cards.

What Renters Say About Us

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Low Income Apartments and Affordable Housing For Rent in Columbus, IN (2024)
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