Hoosier Renters Face a Dire Shortage of Affordable Homes and High Cost Burdens Amid Unprecedented Attacks on Housing Assistance

INDIANAPOLIS, IN – In 2025 Indiana has a gap of 137,427 affordable and available homes that are needed for the state’s 220,399 extremely low-income (ELI) households. Indiana's rate of fewer than 38 rental homes available for every 100 of the most vulnerable Hoosier households is below average for the Midwest and among all U.S. states. In addition, more than 74% of Indiana’s ELI renter households spend half or more of their incomes on housing costs. This rate of severe housing cost burden is the 3rd-highest rate in the Midwest and 10th-highest among all U.S. states. 

These are findings from a new report produced by Prosperity Indiana and the National Low Income Housing Coalition (NLIHC). The report also finds a national shortage of 7.1 million affordable and available rental homes for extremely low-income renter households – those with incomes at or below the poverty level or 30% of their area median income, whichever is greater - resulting in just 35 affordable and available rental homes for every 100 extremely low-income renter households nationwide. The report and findings from The Gap: A Shortage of Affordable Homes come amid unprecedented attacks on federal housing assistance programs and the agencies that administer them. 

Read the full report on Housing4Hoosiers.org/2025/03/13/Gap-Report-2025/ or by clicking here.