Henry County, IN
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $771/mo | $694 – $848/mo |
| 1 BR | $775/mo | $698 – $853/mo |
| 2 BR | $956/mo | $860 – $1,052/mo |
| 3 BR | $1,146/mo | $1,031 – $1,261/mo |
| 4 BR | $1,266/mo | $1,139 – $1,393/mo |
Fair Market Rent by unit size — Henry County, IN (FY 2026)
Source: HUD FY 2026 data for Henry County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authority serving Henry County
- New Castle Housing Authority
274 S 14th St, New Castle, IN, 47362 · 7655291517
Am I eligible?
To qualify for a Housing Choice Voucher in Henry County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $29,700 |
| 2 people | $33,950 |
| 3 people | $38,200 |
| 4 people | $42,400 |
| 5 people | $45,800 |
| 6 people | $49,200 |
| 7 people | $52,600 |
| 8 people | $56,000 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Henry County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
HISTORIC JENNINGS APTS
1331 BROAD ST, NEW CASTLE, IN, 4736220 income-restricted unitsBuilt 2015Compliance through ~2045WILLOW GLEN APTS
2800 S MAIN ST, NEW CASTLE, IN, 4736252 income-restricted units51 1BRBuilt 20114% LIHTCCompliance through ~2041STONEGATE VILLAGE APTS
3302 STONEGATE DR, NEW CASTLE, IN, 47362122 income-restricted units16 1BR, 66 2BR, 40 3BRBuilt 20104% LIHTCCompliance through ~2040GRAND AVENUE COMMONS
1628 A AVE, NEW CASTLE, IN, 4736252 income-restricted units28 1BR, 24 2BRBuilt 20054% LIHTCCompliance through ~2035FOSTER'S LANDING APTS
317 FOSTERS WAY, NEW CASTLE, IN, 4736285 income-restricted units of 90 total12 1BR, 48 2BR, 16 3BR, 14 4BR+Built 20024% LIHTCCompliance through ~2032AUTUMN OAKS APTS
100 AUTUMN OAKS BLVD, NEW CASTLE, IN, 4736268 income-restricted units of 72 total16 1BR, 32 2BR, 24 3BRBuilt 20004% LIHTCCompliance through ~2030ROSE COURT APTS
720 S 14TH ST, NEW CASTLE, IN, 4736220 income-restricted units8 1BR, 6 2BR, 6 3BRBuilt 19984% LIHTCCompliance through ~2028
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Henry County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
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