Low Income (LIHTC)Waitlist Open

The Commonwealth

23 N Rural St Apt 1, Indianapolis, IN, 46201

Information verified July 26, 2026·We re-check waiting list status daily

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About This Property

The Commonwealth offers 24 units of affordable housing in Indianapolis, Marion County, Indiana. The property is currently managed and available for occupancy.

Waitlist Information

Waitlist managed by Indianapolis Housing Agency

Public Housing Waitlist

Open

Apply: Online

The IHA's online pre-application allows applications for housing with open waiting lists, including Elderly Disabled Public Housing-Subsidized and Family Public Housing-Subsidized. Applicants must register and complete their profile on the Applicant Portal within 24 hours of pre-application.

Last verified March 20, 2026

Section 8 (HCV) Waitlist

Closed

The Section 8 waiting list is closed. Applications from the 2016 Lottery opening are currently being processed. Future waitlist openings will be publicly announced.

Last verified February 26, 2026

Waitlist data provided by section8waitlist.org

Updated July 25, 2026

Property Details

Total Units

Fair Market Rent - Marion 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	$982
1 Bedroom	$1,145
2 Bedroom	$1,349
3 Bedroom	$1,758
4 Bedroom	$2,126

Income Limits - Marion County, IN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $17,150
Very Low (50%): $28,600
Low (80%): $45,750

2 Persons

Extremely Low (30%): $19,600
Very Low (50%): $32,650
Low (80%): $52,250

3 Persons

Extremely Low (30%): $22,050
Very Low (50%): $36,750
Low (80%): $58,800

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $40,800
Low (80%): $65,300

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $44,100
Low (80%): $70,550

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $47,350
Low (80%): $75,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $50,600
Low (80%): $81,000

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $53,900
Low (80%): $86,200

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$17,150	$28,600	$45,750
2 Persons	$19,600	$32,650	$52,250
3 Persons	$22,050	$36,750	$58,800
4 Persons	$26,500	$40,800	$65,300
5 Persons	$31,040	$44,100	$70,550
6 Persons	$35,580	$47,350	$75,750
7 Persons	$40,120	$50,600	$81,000
8 Persons	$44,660	$53,900	$86,200

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

0 / 24

Frequently Asked Questions

What is the average rent for affordable housing in Indianapolis, IN?+

The Fair Market Rent (FMR) for Marion County, IN is: $982 (Studio), $1145 (1BR), $1349 (2BR), $1758 (3BR), $2126 (4BR). Actual rent at subsidized properties like The Commonwealth is typically 30% of household income or less.

What are the income limits for affordable housing in Marion County, IN?+

For a 4-person household in Marion County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,800, Low Income (80% AMI): $65,300. These limits are set by HUD and updated annually.

Is there a waitlist for The Commonwealth?+

Public Housing waitlist is currently Open. 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.

How do I apply for housing at The Commonwealth?+

The Commonwealth 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 manages The Commonwealth?+

The Commonwealth is managed by . You can reach them at . Visit their website for more information.

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