About This Property
Wild Oak Farm contains 107 low-income units serving families in Belleview, Florida, with a mix of 25 one-bedroom, 50 two-bedroom, and 27 three-bedroom apartments. The property has been in service since 2014 and utilizes 9% Low-Income Housing Tax Credits for financing. Marion County residents seeking affordable housing options may contact the property for availability and application information.
Property Details
Fair Market Rent - Marion County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $949 |
| 1 Bedroom | $1,043 |
| 2 Bedroom | $1,266 |
| 3 Bedroom | $1,619 |
| 4 Bedroom | $1,768 |
Income Limits - Marion County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,500
- Low (80%)
- $31,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,250
- Low (80%)
- $35,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,800
- Low (80%)
- $44,500
- Extremely Low (30%)
- $30,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $32,250
- Very Low (50%)
- $32,250
- Low (80%)
- $51,650
- Extremely Low (30%)
- $34,500
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $36,700
- Very Low (50%)
- $36,700
- Low (80%)
- $58,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,500 | $31,150 |
| 2 Persons | $17,420 | $22,250 | $35,600 |
| 3 Persons | $21,960 | $25,050 | $40,050 |
| 4 Persons | $26,500 | $27,800 | $44,500 |
| 5 Persons | $30,050 | $30,050 | $48,100 |
| 6 Persons | $32,250 | $32,250 | $51,650 |
| 7 Persons | $34,500 | $34,500 | $55,200 |
| 8 Persons | $36,700 | $36,700 | $58,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belleview, FL?+
The Fair Market Rent (FMR) for Marion County, FL is: $949 (Studio), $1043 (1BR), $1266 (2BR), $1619 (3BR), $1768 (4BR). Actual rent at subsidized properties like Wild Oak Farm is typically 30% of household income or less.
What size apartments are available at Wild Oak Farm?+
Wild Oak Farm offers the following unit types: 25 One-Bedroom, 50 Two-Bedroom, 27 Three-Bedroom units, for a total of 107 units.
What is the price range for apartments in Belleview, FL?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $1043, 2-bedroom: $1266, 3-bedroom: $1619. Actual rent at Wild Oak Farm may be lower for income-eligible households.
Who is eligible to live at Wild Oak Farm?+
Wild Oak Farm primarily serves families, LINK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Wild Oak Farm?+
Wild Oak Farm 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.
What are the income limits for affordable housing in Marion County, FL?+
For a 4-person household in Marion County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,800, Low Income (80% AMI): $44,500. These limits are set by HUD and updated annually.
Who manages Wild Oak Farm?+
Wild Oak Farm is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Marion County, FL
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