About This Property
William Penn Commons is a 39-unit affordable housing community in Indianapolis that serves low-income residents. The property, which has been in service since 1997, offers a mix of studio and one-bedroom units. This Marion County community consists entirely of low-income housing.
Waitlist Information
Waitlist managed by Indianapolis Housing Agency
The Public Housing Waitlist will close once the established application limit has been reached. Applicants are encouraged to submit applications as early as possible.
The Indianapolis Housing Agency's Section 8 waiting list is closed. They are processing applications from a 2016 lottery. Future waitlist openings will be publicly announced.
Waitlist data provided by section8waitlist.org
Updated November 7, 2026
Property Details
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.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,250
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,100
- Low (80%)
- $70,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,600
- Low (80%)
- $81,000
- 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 |
Advertisement
Tax Credit Program Details
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 William Penn Commons is typically 30% of household income or less.
What size apartments are available at William Penn Commons?+
William Penn Commons offers the following unit types: 1 Studio, 38 One-Bedroom units, for a total of 39 units.
What is the price range for apartments in Indianapolis, IN?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $1145. Actual rent at William Penn Commons may be lower for income-eligible households.
How do I apply for housing at William Penn Commons?+
William Penn Commons 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.
Is there a waitlist for William Penn Commons?+
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.
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.
Who manages William Penn Commons?+
William Penn Commons is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near William Penn Commons
Concord Homes East
Indianapolis, IN
1 UnitsThe Steeples on Washington
Indianapolis, IN
144 UnitsWexford on the Park
Indianapolis, IN
40 UnitsSouthside Partners Ii
Indianapolis, IN
31 UnitsChristamore Court
Indianapolis, IN
34 UnitsKoehne Commons Apts
Indianapolis, IN
20 Units