About This Property
Vann Park Apts III comprises 64 units in Evansville, Indiana, with 32 designated as low-income housing. The property, which entered service in 1995, includes 16 one-bedroom and 16 two-bedroom units and is financed through tax-exempt bonds with 4% Low-Income Housing Tax Credits. The community operates under affordable housing program guidelines.
Waitlist Information
Waitlist managed by Housing Authority of the City of Evansville
All 888 units of public housing were converted to project-based vouchers through the RAD program.
The 2024 Section 8 Housing Choice Voucher Wait List is closed. It is projected the waiting list will not open again for at least two years or more. For families who applied between July 6-8, 2021, the waiting list was still being finalized as of July 20, 2021. EHA uses a system-generated lottery selection process.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Vanderburgh 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 - Vanderburgh 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 Evansville, IN?+
The Fair Market Rent (FMR) for Vanderburgh County, IN is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Vann Park Apts Iii is typically 30% of household income or less.
What size apartments are available at Vann Park Apts Iii?+
Vann Park Apts Iii offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 64 units.
Is there a waitlist for Vann Park Apts Iii?+
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 is the price range for apartments in Evansville, IN?+
Based on Fair Market Rent for Vanderburgh County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1070. Actual rent at Vann Park Apts Iii may be lower for income-eligible households.
What are the income limits for affordable housing in Vanderburgh County, IN?+
For a 4-person household in Vanderburgh 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.
Who manages Vann Park Apts Iii?+
Vann Park Apts Iii is managed by . You can reach them at .
How do I apply for housing at Vann Park Apts Iii?+
Vann Park Apts Iii 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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