About This Property
Millennium Place III offers 35 low-income residential units in Muncie, Indiana, with a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2006 and includes six one-bedroom units, sixteen two-bedroom units, nine three-bedroom units, and four four-bedroom units. This affordable housing community provides rental options for households meeting income eligibility requirements.
Waitlist Information
Waitlist managed by Housing Authority of the City of Muncie
Eligibility is based on annual income, senior/disabled/individual/family status, and U.S. citizenship/immigration status. Income limits are based on 80% Area Median Income (AMI).
Eligibility is based on annual income, senior/disabled/individual/family status, and U.S. citizenship/immigration status. 75% of vouchers must go to applicants with incomes not exceeding 30% of the area median income. Special program vouchers include Foster Youth Initiative, Emergency Housing Vouchers, and VASH.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Delaware 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 | $708 |
| 1 Bedroom | $784 |
| 2 Bedroom | $952 |
| 3 Bedroom | $1,280 |
| 4 Bedroom | $1,383 |
Income Limits - Delaware County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Muncie, IN?+
The Fair Market Rent (FMR) for Delaware County, IN is: $708 (Studio), $784 (1BR), $952 (2BR), $1280 (3BR), $1383 (4BR). Actual rent at subsidized properties like Millennium Place Iii is typically 30% of household income or less.
What size apartments are available at Millennium Place Iii?+
Millennium Place Iii offers the following unit types: 6 One-Bedroom, 16 Two-Bedroom, 9 Three-Bedroom, 4 Four-Bedroom units, for a total of 35 units.
Who manages Millennium Place Iii?+
Millennium Place Iii is managed by . You can reach them at .
What is the price range for apartments in Muncie, IN?+
Based on Fair Market Rent for Delaware County, the estimated price range is: 1-bedroom: $784, 2-bedroom: $952, 3-bedroom: $1280. Actual rent at Millennium Place Iii may be lower for income-eligible households.
Is there a waitlist for Millennium Place Iii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Millennium Place Iii?+
Millennium Place Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What are the income limits for affordable housing in Delaware County, IN?+
For a 4-person household in Delaware County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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