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Affordable apartments in Alexandria, Indiana

4 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

4 lihtc

Buildings

ALEXANDRIA MANOR APTS

LIHTC
600 E JACKSON ST, ALEXANDRIA, IN, 46001
Income-restricted units
49 of 49
Year placed in service
2005
Bedroom mix
21 2BR · 28 3BR

Estimated total housing cost: $775 rent + $157 utilities = $932/mo

Contact property management for current availability. Waitlists may apply.

TIMBERLAKE ESTATES SENIOR APTS

LIHTC
2200 HUMMINGBIRD LN, ALEXANDRIA, IN, 46001
Income-restricted units
36 of 36
Year placed in service
2005
Bedroom mix
1 studio · 3 1BR · 32 2BR

Estimated total housing cost: $775 rent + $157 utilities = $932/mo

Contact property management for current availability. Waitlists may apply.

LINCOLNWOOD ESTATES

LIHTC
306 LINCOLN WOOD DR, ALEXANDRIA, IN, 46001
Income-restricted units
32 of 32
Year placed in service
2009
Bedroom mix
28 1BR · 4 2BR

Estimated total housing cost: $775 rent + $157 utilities = $932/mo

Contact property management for current availability. Waitlists may apply.

THE MERCANTILE

LIHTC
302 N HARRISON STREET, ALEXANDRIA, IN, 46001
Income-restricted units
26 of 26
Year placed in service
2017
Bedroom mix
16 1BR · 10 2BR

Estimated total housing cost: $775 rent + $157 utilities = $932/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Indiana

Residential electricity in Indiana runs about 16.63¢/kWh, with a typical monthly residential electric bill near $157. Natural gas runs about $16.19/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Alexandria, IN

Metro-level
BedroomsLocal FMRNational median
Studio$659n/a
1 bedroom$736n/a
2 bedroom$775$1,502
3 bedroom$1,008n/a
4 bedroom$1,163n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Madison County, IN

Indianapolis-Carmel-Greenwood, IN. FY2025. Area median income: $84,400.

Household size30% AMI50% AMI80% AMI
1 person$17,850$29,750$47,550
2 people$21,150$34,000$54,350
3 people$26,650$38,250$61,150
4 people$32,150$42,450$67,900
5 people$37,650$45,850$73,350
6 people$43,150$49,250$78,800
7 people$48,650$52,650$84,200
8 people$54,150$56,050$89,650

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Indiana cities

See all affordable-rental cities in Indiana

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Alexandria cost-of-living and Fair Market Rent overview