Cotton Mill Apts - 2 — Income-Restricted Housing in Cannelton, IN 47520
310 Washington St, Cannelton, IN 47520
70 units · Studio–3 BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2001
- Bedrooms
- 11 Studio · 17 1 bedroom · 28 2 bedrooms · 14 3 bedrooms
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Nearby income-restricted buildings
Golden Years Center
125 S 4th St, Cannelton, IN 47520
0.1 mi away
70 units · 69 income-restricted · 1 BR
Cando Apts
400 Herzelle St, Cannelton, IN 47520
0.3 mi away
24 units · 1–2 BR
- 3 vacant units reported (Oct 2026) — call to confirm
Hancock Manor Apts
520 Main St, Hawesville, KY 42348
0.6 mi away
12 units · 1 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Riverhill Apts
259 Jennings St, Hawesville, KY 42348
0.9 mi away
16 units · 1–2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Lhdc Tell City Housing for Elderly
824 Washington St, Tell City, IN 47586
2.7 mi away
24 units · 1–2 BR
Rents and income limits in 47520
- Fair market rent, 2 bedrooms
- $1,050/mo
- Income needed to pay it at 30% of income
- $42,000/yr
- Renters in 47520 paying 30% or more of income on rent
- 60%
Income limits (2026)
Perry County, IN area · median family income $82,800. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $18,100 | $30,150 | $48,200 |
| 2 | $21,640 | $34,400 | $55,100 |
| 3 | $27,320 | $38,750 | $61,950 |
| 4 | $33,000 | $43,000 | $68,800 |
| 5 | $38,680 | $46,500 | $74,350 |
| 6 | $44,360 | $49,900 | $79,850 |
| 7 | $50,040 | $53,350 | $85,350 |
| 8 | $55,720 | $56,800 | $90,850 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 47520 | Wider area |
|---|---|---|
| Studio | $790 | $759 |
| 1 bedroom | $800 | $775 |
| 2 bedrooms | $1,050 | $1,014 |
| 3 bedrooms | $1,300 | $1,259 |
| 4 bedrooms | $1,760 | $1,695 |
Wider area = Perry County, IN. Two-bedroom fair market rents in 6 nearby ZIPs range from $910 (40170) to $1,240 (47588).
Census figures for 47520 (2020–2024 average): median rent $736. Median household income $50,882. 29% of homes are rented. 60% of renters pay 30% or more of their income on rent, and 29% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 47520's fair market rent.
Estimate your Section 8 rent share for 47520Frequently Asked Questions
How do I apply to Cotton Mill Apts - 2?
No phone is listed for Cotton Mill Apts - 2. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Cotton Mill Apts - 2 Section 8 housing?
Cotton Mill Apts - 2 is listed as income-restricted housing in Cannelton, IN 47520 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Cotton Mill Apts - 2?
Public records list 70 units at Cotton Mill Apts - 2 in Cannelton, IN 47520. That is a building size, not a count of open apartments.
Are there other affordable apartments near Cotton Mill Apts - 2?
Yes — this page lists other income-restricted buildings in 47520 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Cotton Mill Apts - 2?
Call the number on this page and ask about the waiting list or how to apply at Cotton Mill Apts - 2 in Cannelton, IN 47520. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Cannelton, IN 47520?
Most income-restricted buildings in Cannelton, IN 47520 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $30,150, and $43,000 for a 4-person household. Public housing can go up to 80% ($48,200 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Cannelton, IN 47520?
For many programs in Cannelton, IN 47520, the 2026 HUD very low-income (50%) limit is $30,150 a year for 1 person and $43,000 for 4 people. The low-income (80%) limit is $48,200 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Cannelton, IN 47520?
In public housing and most Section 8 in Cannelton, IN 47520, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Cannelton, IN 47520 is $1,050 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Cotton Mill Apts - 2 take Section 8 vouchers?
This file does not say that Cotton Mill Apts - 2 has a project-based Section 8 contract. Some landlords in Cannelton, IN 47520 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Cotton Mill Apts - 2.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.