102-04 S Elder — Income-Restricted Housing in Indianapolis, IN 46222

102 S Elder Ave, Indianapolis, IN 46222

Tax credit

2 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
1990
Bedrooms
2 2 bedrooms

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Nearby income-restricted buildings

Rents and income limits in 46222

Fair market rent, 2 bedrooms
$1,420/mo
Income needed to pay it at 30% of income
$56,800/yr
Renters in 46222 paying 30% or more of income on rent
54%

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.

Size46222Wider area
Studio$1,100$1,187
1 bedroom$1,230$1,336
2 bedrooms$1,420$1,536
3 bedrooms$1,840$1,991
4 bedrooms$2,240$2,425

Wider area = Indianapolis-Carmel, IN. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,310 (46201) to $2,220 (46204).

Census figures for 46222 (2020–2024 average): median rent $1,069. Median household income $50,783. 52% of homes are rented. 54% of renters pay 30% or more of their income on rent, and 27% 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 46222's fair market rent.

Estimate your Section 8 rent share for 46222

Frequently Asked Questions

How do I apply to 102-04 S Elder?

No phone is listed for 102-04 S Elder. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is 102-04 S Elder Section 8 housing?

102-04 S Elder is listed as income-restricted housing in Indianapolis, IN 46222 (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 102-04 S Elder?

Public records list 2 units at 102-04 S Elder in Indianapolis, IN 46222. That is a building size, not a count of open apartments.

Are there other affordable apartments near 102-04 S Elder?

Yes — this page lists other income-restricted buildings in 46222 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 102-04 S Elder?

Call the number on this page and ask about the waiting list or how to apply at 102-04 S Elder in Indianapolis, IN 46222. 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 Indianapolis, IN 46222?

Most income-restricted buildings in Indianapolis, IN 46222 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 Indianapolis, IN 46222?

For many programs in Indianapolis, IN 46222, 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 Indianapolis, IN 46222?

In public housing and most Section 8 in Indianapolis, IN 46222, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Indianapolis, IN 46222 is $1,420 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 102-04 S Elder take Section 8 vouchers?

This file does not say that 102-04 S Elder has a project-based Section 8 contract. Some landlords in Indianapolis, IN 46222 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call 102-04 S Elder.

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