Low Income & Subsidized Housing in Franklin, IN
There are 7 subsidized and income-restricted properties in Franklin with roughly 750 assisted units — including 3 project-based Section 8 buildings, 0 public housing developments, and 5 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $291 to $441 per month.
Map of subsidized housing in Franklin
Complete directory of subsidized housing in Franklin
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Lakeview Apts LIHTC | 160 | — | — |
| Traditions Apts LIHTCPB Section 8 | 124 | — | — |
| Franklin Place Apts LIHTC | 120 | — | — |
| Franklin Cove PB Section 8 | 108 | $291 | — |
| Northwood of Franklin PB Section 8 | 100 | $441 | — |
| Franklin Greens Village LIHTC | 74 | — | — |
| Lakeview Apts Phase Ii LIHTC | 64 | — | — |
Section 8 apartments in Franklin (project-based)
These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Traditions Apts LIHTCPB Section 8 | 124 | — | — |
| Franklin Cove PB Section 8 | 108 | $291 | — |
| Northwood of Franklin PB Section 8 | 100 | $441 | — |
LIHTC & affordable tax-credit apartments in Franklin
Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Lakeview Apts LIHTC | 160 | — | — |
| Franklin Place Apts LIHTC | 120 | — | — |
| Franklin Greens Village LIHTC | 74 | — | — |
| Lakeview Apts Phase Ii LIHTC | 64 | — | — |
How to apply for subsidized housing in Franklin
- Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
- Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
- Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
- Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.
Nearby cities with low income housing
- Butler, IN
- Cloverdale, IN
- Crawfordsville, IN
- Jeffersonville, IN
- Lafayette, IN
- Lagrange, IN
- Ligonier, IN
- New Albany, IN
- North Judson, IN
- Vevay, IN
- Indianapolis, IN
- Fort Wayne, IN
Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.