About This Property
The Water Tower Place Apts offers 44 low-income units in Elkhart, Indiana, with a mix of one-, two-, and three-bedroom apartments serving families. The property, which was placed in service in 2008, includes 9 one-bedroom units, 32 two-bedroom units, and 3 three-bedroom units. Financing for this development includes HOME funding and 9% LIHTC credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Elkhart
The Public Housing waitlist is currently closed.
The Housing Choice Voucher (HCV)/Section 8 waitlist is currently closed. Applications are accepted from the Department of Child Services for Foster Youth Initiative (FYI) Vouchers on an ongoing basis for youth aged 18-24 who have aged out of foster care.
Waitlist data provided by section8waitlist.org
Updated May 31, 2026
Property Details
Fair Market Rent - Elkhart 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 | $849 |
| 1 Bedroom | $879 |
| 2 Bedroom | $1,102 |
| 3 Bedroom | $1,415 |
| 4 Bedroom | $1,468 |
Income Limits - Elkhart County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elkhart, IN?+
The Fair Market Rent (FMR) for Elkhart County, IN is: $849 (Studio), $879 (1BR), $1102 (2BR), $1415 (3BR), $1468 (4BR). Actual rent at subsidized properties like The Water Tower Place Apts is typically 30% of household income or less.
What size apartments are available at The Water Tower Place Apts?+
The Water Tower Place Apts offers the following unit types: 9 One-Bedroom, 32 Two-Bedroom, 3 Three-Bedroom units, for a total of 44 units.
Is there a waitlist for The Water Tower Place Apts?+
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 The Water Tower Place Apts?+
The Water Tower Place Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Elkhart County, IN?+
For a 4-person household in Elkhart County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
How do I apply for housing at The Water Tower Place Apts?+
The Water Tower Place Apts 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 The Water Tower Place Apts?+
The Water Tower Place Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Elkhart, IN?+
Based on Fair Market Rent for Elkhart County, the estimated price range is: 1-bedroom: $879, 2-bedroom: $1102, 3-bedroom: $1415. Actual rent at The Water Tower Place Apts may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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