About This Property
Edgewood Terrace Apts comprises 28 low-income units in Indianapolis, Indiana, with a mix of four 1-bedroom and twenty-four 2-bedroom apartments. The property has been in service since 2001 and currently operates in Marion County.
Waitlist Information
Waitlist managed by Indianapolis Housing Agency
The Public Housing waitlist will close once the established application limit has been reached. Applicants were encouraged to submit applications as early as possible after the opening on November 16, 2026.
The Housing Choice Voucher (HCV) Program waitlist is closed. Applications were processed through a lottery process from November 16, 2026, to November 20, 2026. Future waitlist openings will be publicly announced.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
Fair Market Rent - Marion 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 | $982 |
| 1 Bedroom | $1,145 |
| 2 Bedroom | $1,349 |
| 3 Bedroom | $1,758 |
| 4 Bedroom | $2,126 |
Income Limits - Marion County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,250
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,100
- Low (80%)
- $70,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,600
- Low (80%)
- $81,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,900
- Low (80%)
- $86,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,600 | $45,750 |
| 2 Persons | $19,600 | $32,650 | $52,250 |
| 3 Persons | $22,050 | $36,750 | $58,800 |
| 4 Persons | $26,500 | $40,800 | $65,300 |
| 5 Persons | $31,040 | $44,100 | $70,550 |
| 6 Persons | $35,580 | $47,350 | $75,750 |
| 7 Persons | $40,120 | $50,600 | $81,000 |
| 8 Persons | $44,660 | $53,900 | $86,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Indianapolis, IN?+
The Fair Market Rent (FMR) for Marion County, IN is: $982 (Studio), $1145 (1BR), $1349 (2BR), $1758 (3BR), $2126 (4BR). Actual rent at subsidized properties like Edgewood Terrace Apts is typically 30% of household income or less.
What size apartments are available at Edgewood Terrace Apts?+
Edgewood Terrace Apts offers the following unit types: 4 One-Bedroom, 24 Two-Bedroom units, for a total of 28 units.
Who manages Edgewood Terrace Apts?+
Edgewood Terrace Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Indianapolis, IN?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $1145, 2-bedroom: $1349. Actual rent at Edgewood Terrace Apts may be lower for income-eligible households.
Is there a waitlist for Edgewood Terrace Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Marion County, IN?+
For a 4-person household in Marion County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,800, Low Income (80% AMI): $65,300. These limits are set by HUD and updated annually.
How do I apply for housing at Edgewood Terrace Apts?+
Edgewood Terrace Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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