About This Property
Cedar Trace Apts III comprises 48 low-income units in Evansville, Indiana, serving families with a mix of one-, two-, and three-bedroom floor plans. The community, which opened in 2012, includes 14 one-bedroom units, 24 two-bedroom units, and 10 three-bedroom units. The property operates under the 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Housing Authority of the City of Evansville
All 888 units of public housing were converted to project-based vouchers through the RAD program.
The 2024 Section 8 Housing Choice Voucher Wait List is closed. It is projected the waiting list will not open again for at least two years or more. For families who applied between July 6-8, 2021, the waiting list was still being finalized as of July 20, 2021. EHA uses a system-generated lottery selection process.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Vanderburgh 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 | $766 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,360 |
| 4 Bedroom | $1,558 |
Income Limits - Vanderburgh County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,450
- Low (80%)
- $48,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,250
- Low (80%)
- $54,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,100
- Low (80%)
- $65,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,250
- Low (80%)
- $80,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,650 | $42,650 |
| 2 Persons | $18,300 | $30,450 | $48,750 |
| 3 Persons | $21,960 | $34,250 | $54,850 |
| 4 Persons | $26,500 | $38,050 | $60,900 |
| 5 Persons | $31,040 | $41,100 | $65,800 |
| 6 Persons | $35,580 | $44,150 | $70,650 |
| 7 Persons | $40,120 | $47,200 | $75,550 |
| 8 Persons | $44,660 | $50,250 | $80,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Evansville, IN?+
The Fair Market Rent (FMR) for Vanderburgh County, IN is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Cedar Trace Apts Iii is typically 30% of household income or less.
What size apartments are available at Cedar Trace Apts Iii?+
Cedar Trace Apts Iii offers the following unit types: 14 One-Bedroom, 24 Two-Bedroom, 10 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Evansville, IN?+
Based on Fair Market Rent for Vanderburgh County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1070, 3-bedroom: $1360. Actual rent at Cedar Trace Apts Iii may be lower for income-eligible households.
Is there a waitlist for Cedar Trace Apts Iii?+
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.
Who manages Cedar Trace Apts Iii?+
Cedar Trace Apts Iii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Vanderburgh County, IN?+
For a 4-person household in Vanderburgh County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,050, Low Income (80% AMI): $60,900. These limits are set by HUD and updated annually.
How do I apply for housing at Cedar Trace Apts Iii?+
Cedar Trace Apts Iii 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.
Who is eligible to live at Cedar Trace Apts Iii?+
Cedar Trace Apts Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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