StayRentalsStayRentals

Affordable apartments in Lebanon, Indiana

5 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.

5 lihtc

Buildings

CANTERBURY HOUSE APTS - LEBANON

LIHTC
515 DOGWOOD DR, LEBANON, IN, 46052
Income-restricted units
139 of 166
Year placed in service
2006
Bedroom mix
30 1BR · 77 2BR · 41 3BR · 18 4+BR

Estimated total housing cost: $1,230 rent + $157 utilities = $1,387/mo

Contact property management for current availability. Waitlists may apply.

STOKES COMMONS

LIHTC
1005 S MERIDIAN STREET, LEBANON, IN, 46052
Income-restricted units
68 of 68
Year placed in service
2018
Bedroom mix
45 1BR · 23 2BR

Estimated total housing cost: $1,230 rent + $157 utilities = $1,387/mo

Contact property management for current availability. Waitlists may apply.

LEBANON POINTE

LIHTC
721 CROWN POINTE DR, LEBANON, IN, 46052
Income-restricted units
62 of 62
Year placed in service
2012
Bedroom mix
12 1BR · 44 2BR · 6 3BR

Estimated total housing cost: $1,230 rent + $157 utilities = $1,387/mo

Contact property management for current availability. Waitlists may apply.

MEMORY HALL LEBANON SENIOR APTS

LIHTC
315 N LEBANON ST, LEBANON, IN, 46052
Income-restricted units
58 of 58
Year placed in service
1996
Bedroom mix
9 studio · 47 1BR · 2 2BR

Estimated total housing cost: $1,230 rent + $157 utilities = $1,387/mo

Contact property management for current availability. Waitlists may apply.

ULEN NORTH APTS

LIHTC
203 LAKESHORE DR, LEBANON, IN, 46052
Income-restricted units
48 of 48
Year placed in service
1992
Bedroom mix
16 1BR · 24 2BR · 8 3BR

Estimated total housing cost: $1,230 rent + $157 utilities = $1,387/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.

Loading map…

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 46052

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$930n/a
1 bedroom$1,060n/a
2 bedroom$1,230$1,502
3 bedroom$1,590n/a
4 bedroom$1,950n/a

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

HUD income limits : Boone County, IN

Indianapolis-Carmel-Greenwood, IN. FY2025. Area median income: $110,700.

Household size30% AMI50% AMI80% AMI
1 person$23,250$38,750$62,000
2 people$26,600$44,300$70,850
3 people$29,900$49,850$79,700
4 people$33,200$55,350$88,550
5 people$37,650$59,800$95,650
6 people$43,150$64,250$102,750
7 people$48,650$68,650$109,850
8 people$54,150$73,100$116,900

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: Lebanon cost-of-living and Fair Market Rent overview