About This Property
Forest Glen Apts offers 37 low-income units in Elwood, Indiana, comprising one studio, sixteen 1-bedroom, and twenty 2-bedroom apartments. The property was placed in service in 2003 and is owned and operated by a non-profit organization. Interested parties can contact the property directly for additional information and availability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Elwood
All Public Housing waitlists in Elwood are currently closed. No specific details about past openings, application methods, or preferences were found.
Preferences were given to applicants residing in Elwood, Alexandria, Frankton, Orestes, and Summitville County, Indiana, as well as elderly (62+), disabled, and veterans. Selected applicants were placed on the waiting list by random lottery, weighed by order of preferences.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Madison 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 | $793 |
| 1 Bedroom | $868 |
| 2 Bedroom | $1,140 |
| 3 Bedroom | $1,468 |
| 4 Bedroom | $1,518 |
Income Limits - Madison 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 Elwood, IN?+
The Fair Market Rent (FMR) for Madison County, IN is: $793 (Studio), $868 (1BR), $1140 (2BR), $1468 (3BR), $1518 (4BR). Actual rent at subsidized properties like Forest Glen Apts is typically 30% of household income or less.
What size apartments are available at Forest Glen Apts?+
Forest Glen Apts offers the following unit types: 1 Studio, 16 One-Bedroom, 20 Two-Bedroom units, for a total of 37 units.
What are the income limits for affordable housing in Madison County, IN?+
For a 4-person household in Madison 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.
Who manages Forest Glen Apts?+
Forest Glen Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Elwood, IN?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $868, 2-bedroom: $1140. Actual rent at Forest Glen Apts may be lower for income-eligible households.
How do I apply for housing at Forest Glen Apts?+
Forest Glen 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.
Is there a waitlist for Forest Glen 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
