Affordable & Low-Income Housing in Fairmount, IN 46928
3 affordable buildings in 46928 · 19 more within 10 mi
Fairmount, IN 46928 has 3 income-restricted buildings: 2 senior and 3 usda rural. 19 more are listed within 10 miles. These lists don't show openings — call to ask about vacancies and waiting lists.
In 46928
Fairview Apartments
600 N Barclay St, Fairmount, IN 46928
24 units · 1–3 BR
- 7 vacant units reported (Oct 2026) — call to confirm
No buildings in 46928 match this filter.
Nearby
Village Apts of Summitville
1106 W Mill St, Summitville, IN 46070
5 mi away
24 units · 1–2 BR
- Affordability period may have ended — call to confirm
Jonesboro Apts
708 W. 6th Street, Jonesboro, IN 46938
5.7 mi away
24 units · 1–3 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Gas City School Apts
400 E S a St, Gas City, IN 46933
6.8 mi away
19 units · 1–2 BR · People with disabilities
- Affordability period may have ended — call to confirm
New Fairview LP
301 S. 10th Street, Gas City, IN 46933
7.2 mi away
67 units · 1–2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Riverview Apts
222 W.S. I Street, Gas City, IN 46933
7.3 mi away
19 units · 1–2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Hunter's Run Apts
717 E Hunters Run Dr, Marion, IN 46953
7.7 mi away
72 units · Studio–3 BR
- Affordability period may have ended — call to confirm
Arbors at Walnut Creek
1 E Creekside Dr, Gas City, IN 46933
7.7 mi away
80 units · 2–4+ BR
- Affordability period may have ended — call to confirm
Prince Hall Towers
3746 Prince Hall Dr, Marion, IN 46953
8.2 mi away
51 units · 50 income-restricted · 1 BR
Granton Place Apts
3722 S Granton Pl Dr, Marion, IN 46953
8.5 mi away
40 units · 1–4+ BR
- Affordability period may have ended — call to confirm
Mason Homes
1202 Upton St, Marion, IN 46953
9.9 mi away
100 units · 2–3 BR
- Apply through Housing Authority of the City of Marion, IN
- Residents waited about 10 months to move in (HUD, Oct 2026)
- Several buildings — call for addresses
Stepping Stone
1623 W. 6th Street, Marion, IN 46953
10.3 mi away
10 units · 1 BR · People with disabilities
No nearby buildings match this filter.
Rents and income limits in 46928
- Fair market rent, 2 bedrooms
- $1,090/mo
- Income needed to pay it at 30% of income
- $43,600/yr
- Renters in 46928 paying 30% or more of income on rent
- 45%
Income limits (2026)
Grant County, IN area · median family income $61,800. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $17,850 | $29,700 | $47,500 |
| 2 | $21,640 | $33,950 | $54,300 |
| 3 | $27,320 | $38,200 | $61,100 |
| 4 | $33,000 | $42,400 | $67,850 |
| 5 | $38,680 | $45,800 | $73,300 |
| 6 | $44,360 | $49,200 | $78,750 |
| 7 | $50,040 | $52,600 | $84,150 |
| 8 | $55,720 | $56,000 | $89,600 |
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.
| Size | 46928 | Wider area |
|---|---|---|
| Studio | $810 | $748 |
| 1 bedroom | $850 | $804 |
| 2 bedrooms | $1,090 | $1,014 |
| 3 bedrooms | $1,440 | $1,329 |
| 4 bedrooms | $1,570 | $1,488 |
Wider area = Grant County, IN. Two-bedroom fair market rents in 8 nearby ZIPs range from $1,010 (46930) to $1,230 (46957).
Census figures for 46928 (2020–2024 average): median rent $895. Median household income $67,412. 14% of homes are rented. 45% of renters pay 30% or more of their income on rent, and 10% 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 46928's fair market rent.
Estimate your Section 8 rent share for 46928Frequently Asked Questions
Is there Section 8 housing in Fairmount, IN 46928?
Yes — this directory lists income-restricted buildings in Fairmount, IN 46928, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Fairmount, IN 46928 have openings?
These lists for Fairmount, IN 46928 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Fairmount, IN 46928?
Use the phone number on each building card in Fairmount, IN 46928. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Fairmount, IN 46928?
In Fairmount, IN 46928, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 46928?
This directory lists 3 income-restricted buildings in Fairmount, IN 46928. The list does not show vacancies — call each property or the housing authority to ask about openings and waiting lists.
Is there affordable housing near 46928?
Yes — this page also lists 19 income-restricted buildings in ZIP codes near Fairmount, IN 46928 (within about 10 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Fairmount, IN 46928?
Most income-restricted buildings in Fairmount, IN 46928 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 $29,700, and $42,400 for a 4-person household. Public housing can go up to 80% ($47,500 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 Fairmount, IN 46928?
For many programs in Fairmount, IN 46928, the 2026 HUD very low-income (50%) limit is $29,700 a year for 1 person and $42,400 for 4 people. The low-income (80%) limit is $47,500 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How long is the waiting list for Section 8 in Fairmount, IN 46928?
There is no single waiting list for Fairmount, IN 46928. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Fairmount, IN 46928?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Fairmount, IN 46928?
In public housing and most Section 8 in Fairmount, IN 46928, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Fairmount, IN 46928 is $1,090 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.
Can I use a Section 8 voucher at affordable apartments in Fairmount, IN 46928?
A Housing Choice Voucher is not automatically accepted at every building in Fairmount, IN 46928. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Fairmount, IN 46928?
Yes — this directory flags senior (often 62+) buildings in Fairmount, IN 46928. Use the Seniors filter on the list. Age rules vary; call to confirm.
Nearby ZIP codes
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, 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.
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