THE TOWERS
Section 202- Income-restricted units
- 305 of 307
- Year placed in service
- Not reported
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
Affordable apartments in Anderson, Indiana
25 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.
3 section 2024 section 818 lihtc
Buildings
THE TOWERS
Section 8- Income-restricted units
- 305 of 307
- Year placed in service
- Not reported
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
CAMBRIDGE SQUARE ANDERSON
Section 8- Income-restricted units
- 150 of 150
- Year placed in service
- Not reported
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
AUTUMN RIDGE APTS (ANDERSON)
LIHTC- Income-restricted units
- 120 of 120
- Year placed in service
- 2007
- Bedroom mix
- 16 1BR · 64 2BR · 40 3BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
COTTAGES OF ANDERSON
LIHTC- Income-restricted units
- 120 of 120
- Year placed in service
- 2018
- Bedroom mix
- 28 1BR · 64 2BR · 28 3BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
LONGFELLOW PLAZA
Section 202- Income-restricted units
- 100 of 100
- Year placed in service
- Not reported
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
LONGFELLOW PLAZA
Section 8- Income-restricted units
- 100 of 100
- Year placed in service
- Not reported
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
HOOSIER WOODS APTS II
LIHTC- Income-restricted units
- 97 of 110
- Year placed in service
- 2005
- Bedroom mix
- 15 1BR · 55 2BR · 34 3BR · 6 4+BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
APPLECREEK COMMONS
LIHTC- Income-restricted units
- 96 of 194
- Year placed in service
- 1997
- Bedroom mix
- 32 1BR · 48 2BR · 16 3BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
HOOSIER WOODS APTS I
LIHTC- Income-restricted units
- 92 of 104
- Year placed in service
- 2003
- Bedroom mix
- 16 1BR · 58 2BR · 30 3BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
FAIRVIEW PARK APTS
LIHTC- Income-restricted units
- 76 of 80
- Year placed in service
- 2003
- Bedroom mix
- 38 2BR · 30 3BR · 12 4+BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
GATEWAY VILLAGE
LIHTC- Income-restricted units
- 64 of 64
- Year placed in service
- 1997
- Bedroom mix
- 32 1BR · 32 2BR
Estimated total housing cost: $873 rent + $157 utilities = $1,030/mo
Contact property management for current availability. Waitlists may apply.
Showing 12 of 25. Open any pin on the map below for the rest.
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 Anderson, IN
Metro-level| Bedrooms | Local FMR | National median |
|---|---|---|
| Studio | $742 | n/a |
| 1 bedroom | $829 | n/a |
| 2 bedroom | $873 | $1,502 |
| 3 bedroom | $1,135 | n/a |
| 4 bedroom | $1,310 | n/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 size | 30% AMI | 50% AMI | 80% 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
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: Anderson cost-of-living and Fair Market Rent overview