Armory - 2 — Income-Restricted Housing in Columbus, IN 47201

646 Franklin St, Columbus, IN 47201

Tax credit

25 units · Studio–1 BR

Directions

How to apply

  1. No phone is listed. Try visiting the property or asking the city housing office how to apply.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1996
Bedrooms
4 Studio · 21 1 bedroom

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Nearby income-restricted buildings

Rents and income limits in 47201

Fair market rent, 2 bedrooms
$1,560/mo
Income needed to pay it at 30% of income
$62,400/yr
Renters in 47201 paying 30% or more of income on rent
41%

Income limits (2026)

Columbus, IN area · median family income $94,200. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$20,450$34,050$54,400
2$23,350$38,900$62,200
3$27,320$43,700$69,950
4$33,000$48,550$77,700
5$38,680$52,450$83,950
6$44,360$56,350$90,150
7$50,040$60,250$96,350
8$55,720$64,150$102,600

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.

Size47201Wider area
Studio$1,320$1,261
1 bedroom$1,330$1,276
2 bedrooms$1,560$1,493
3 bedrooms$1,860$1,779
4 bedrooms$2,230$2,126

Wider area = Columbus, IN. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,280 (47247) to $1,580 (47280).

Census figures for 47201 (2020–2024 average): median rent $1,186. Median household income $83,958. 37% of homes are rented. 41% of renters pay 30% or more of their income on rent, and 21% 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 47201's fair market rent.

Estimate your Section 8 rent share for 47201

Frequently Asked Questions

How do I apply to Armory - 2?

No phone is listed for Armory - 2. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Armory - 2 Section 8 housing?

Armory - 2 is listed as income-restricted housing in Columbus, IN 47201 (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 Armory - 2?

Public records list 25 units at Armory - 2 in Columbus, IN 47201. That is a building size, not a count of open apartments.

Are there other affordable apartments near Armory - 2?

Yes — this page lists other income-restricted buildings in 47201 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 Armory - 2?

Call the number on this page and ask about the waiting list or how to apply at Armory - 2 in Columbus, IN 47201. 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 Columbus, IN 47201?

Most income-restricted buildings in Columbus, IN 47201 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 $34,050, and $48,550 for a 4-person household. Public housing can go up to 80% ($54,400 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 Columbus, IN 47201?

For many programs in Columbus, IN 47201, the 2026 HUD very low-income (50%) limit is $34,050 a year for 1 person and $48,550 for 4 people. The low-income (80%) limit is $54,400 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 Columbus, IN 47201?

In public housing and most Section 8 in Columbus, IN 47201, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Columbus, IN 47201 is $1,560 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 Armory - 2 take Section 8 vouchers?

This file does not say that Armory - 2 has a project-based Section 8 contract. Some landlords in Columbus, IN 47201 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Armory - 2.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.