About This Property
Village Apts of Mt Vernon contains 37 low-income units in Mt Vernon, Indiana, with a unit mix of 35 one-bedroom and 2 two-bedroom apartments. The property has been in service since 1993 and is located in Posey County.
Waitlist Information
Waitlist managed by Mount Vernon Housing Authority
The Public Housing waiting list is currently closed. Eligibility guidelines are income-based and set by HUD.
The Housing Choice Voucher Program (Section 8) waiting list is open.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Posey 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 | $766 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,360 |
| 4 Bedroom | $1,558 |
Income Limits - Posey County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,450
- Low (80%)
- $48,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,250
- Low (80%)
- $54,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,100
- Low (80%)
- $65,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,250
- Low (80%)
- $80,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,650 | $42,650 |
| 2 Persons | $18,300 | $30,450 | $48,750 |
| 3 Persons | $21,960 | $34,250 | $54,850 |
| 4 Persons | $26,500 | $38,050 | $60,900 |
| 5 Persons | $31,040 | $41,100 | $65,800 |
| 6 Persons | $35,580 | $44,150 | $70,650 |
| 7 Persons | $40,120 | $47,200 | $75,550 |
| 8 Persons | $44,660 | $50,250 | $80,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mount Vernon, IN?+
The Fair Market Rent (FMR) for Posey County, IN is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Village Apts of Mt Vernon is typically 30% of household income or less.
What size apartments are available at Village Apts of Mt Vernon?+
Village Apts of Mt Vernon offers the following unit types: 35 One-Bedroom, 2 Two-Bedroom units, for a total of 37 units.
Who manages Village Apts of Mt Vernon?+
Village Apts of Mt Vernon is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Mount Vernon, IN?+
Based on Fair Market Rent for Posey County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1070. Actual rent at Village Apts of Mt Vernon may be lower for income-eligible households.
What are the income limits for affordable housing in Posey County, IN?+
For a 4-person household in Posey County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,050, Low Income (80% AMI): $60,900. These limits are set by HUD and updated annually.
Is there a waitlist for Village Apts of Mt Vernon?+
Public Housing waitlist is currently Closed. 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 Village Apts of Mt Vernon?+
Village Apts of Mt Vernon 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
