2864 AMBERWOOD PL, KOKOMO, IN, 46901
408 SOUTH WASHINGTON STREET, KOKOMO, IN, 46901
400 N WASHINGTON ST, KOKOMO, IN, 46901
1495 N WEBSTER ST, KOKOMO, IN, 46901
Fair Market Rent - Howard County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $788 |
| 1 Bedroom | $793 |
| 2 Bedroom | $980 |
| 3 Bedroom | $1,299 |
| 4 Bedroom | $1,428 |
Income Limits - Howard County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,400
- Very Low (50%)
- $24,000
- Low (80%)
- $38,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,850
- Low (80%)
- $49,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,250
- Low (80%)
- $72,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,400 | $24,000 | $38,400 |
| 2 Persons | $17,420 | $27,400 | $43,850 |
| 3 Persons | $21,960 | $30,850 | $49,350 |
| 4 Persons | $26,500 | $34,250 | $54,800 |
| 5 Persons | $31,040 | $37,000 | $59,200 |
| 6 Persons | $35,580 | $39,750 | $63,600 |
| 7 Persons | $40,120 | $42,500 | $68,000 |
| 8 Persons | $44,660 | $45,250 | $72,350 |
Frequently Asked Questions About Housing in Kokomo, IN
How many affordable housing options are in Kokomo, Indiana?+
There are 18 affordable housing properties in Kokomo, Indiana, including 1 public housing, 16 Low-Income Housing Tax Credit (LIHTC), 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Kokomo, Indiana?+
The Fair Market Rent for Howard County, Indiana is: Studio: $788, 1BR: $793, 2BR: $980, 3BR: $1299. Subsidized housing typically charges tenants 30% of their adjusted gross income, which may be significantly less than FMR.
How do I apply for Section 8 housing in Kokomo, Indiana?+
To apply for Section 8 (Housing Choice Voucher) in Kokomo, Indiana, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Howard County, Indiana?+
For a 4-person household in Howard County, Indiana, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,250, Low Income (80% AMI): $54,800. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Kokomo, Indiana?+
Currently, no housing authority waitlists are reported as open in Kokomo, Indiana. However, waitlists open and close regularly. We recommend contacting the housing authorities directly for the most current status, or checking back frequently as we update this information regularly.
What types of affordable housing are available in Kokomo, Indiana?+
Kokomo, Indiana has the following types of affordable housing: Public Housing (government-owned units with income-based rent); LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Kokomo, Indiana?+
Kokomo, Indiana has an estimated population of 58,066. With 18 affordable housing properties serving the area, there are housing assistance options available for eligible residents.