Korbyn Creek — Income-Restricted Housing in Greenfield, IN 46140

401 E Osage St, Greenfield, IN 46140

Tax credit

48 units · 2 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
2023
Income limit
Income averaging
Bedrooms
48 2 bedrooms

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Nearby income-restricted buildings

Rents and income limits in 46140

Fair market rent, 2 bedrooms
$1,430/mo
Income needed to pay it at 30% of income
$57,200/yr
Renters in 46140 paying 30% or more of income on rent
48%

Income limits (2026)

Indianapolis-Carmel, IN area · median family income $110,300. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$23,200$38,650$61,800
2$26,500$44,150$70,600
3$29,800$49,650$79,450
4$33,100$55,150$88,250
5$38,680$59,600$95,350
6$44,360$64,000$102,400
7$50,040$68,400$109,450
8$55,720$72,800$116,500

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.

Size46140Wider area
Studio$1,100$1,187
1 bedroom$1,240$1,336
2 bedrooms$1,430$1,536
3 bedrooms$1,850$1,991
4 bedrooms$2,260$2,425

Wider area = Indianapolis-Carmel, IN. Two-bedroom fair market rents in 7 nearby ZIPs range from $1,230 (46117) to $2,090 (46055).

Census figures for 46140 (2020–2024 average): median rent $1,154. Median household income $83,056. 26% of homes are rented. 48% of renters pay 30% or more of their income on rent, and 17% 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 46140's fair market rent.

Estimate your Section 8 rent share for 46140

Frequently Asked Questions

How do I apply to Korbyn Creek?

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

Is Korbyn Creek Section 8 housing?

Korbyn Creek is listed as income-restricted housing in Greenfield, IN 46140 (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 Korbyn Creek?

Public records list 48 units at Korbyn Creek in Greenfield, IN 46140. That is a building size, not a count of open apartments.

Are there other affordable apartments near Korbyn Creek?

Yes — this page lists other income-restricted buildings in 46140 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 Korbyn Creek?

Call the number on this page and ask about the waiting list or how to apply at Korbyn Creek in Greenfield, IN 46140. 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 Greenfield, IN 46140?

Most income-restricted buildings in Greenfield, IN 46140 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 $38,650, and $55,150 for a 4-person household. Public housing can go up to 80% ($61,800 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 Greenfield, IN 46140?

For many programs in Greenfield, IN 46140, the 2026 HUD very low-income (50%) limit is $38,650 a year for 1 person and $55,150 for 4 people. The low-income (80%) limit is $61,800 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 Greenfield, IN 46140?

In public housing and most Section 8 in Greenfield, IN 46140, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Greenfield, IN 46140 is $1,430 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 Korbyn Creek take Section 8 vouchers?

This file does not say that Korbyn Creek has a project-based Section 8 contract. Some landlords in Greenfield, IN 46140 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Korbyn Creek.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.