About This Property
Laurel Oaks Senior provides 80 low-income units in Okeechobee, Florida, designed to serve elderly residents. The community offers a mix of 40 one-bedroom and 40 two-bedroom apartments and has been in service since 2008. Financing through 9% Low-Income Housing Tax Credits supports the property's operation.
Property Details
Fair Market Rent - Okeechobee 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 | $801 |
| 1 Bedroom | $806 |
| 2 Bedroom | $1,059 |
| 3 Bedroom | $1,298 |
| 4 Bedroom | $1,599 |
Income Limits - Okeechobee County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Okeechobee, FL?+
The Fair Market Rent (FMR) for Okeechobee County, FL is: $801 (Studio), $806 (1BR), $1059 (2BR), $1298 (3BR), $1599 (4BR). Actual rent at subsidized properties like Laurel Oaks Senior is typically 30% of household income or less.
What size apartments are available at Laurel Oaks Senior?+
Laurel Oaks Senior offers the following unit types: 40 One-Bedroom, 40 Two-Bedroom units, for a total of 80 units.
How do I apply for housing at Laurel Oaks Senior?+
Laurel Oaks Senior 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 is the price range for apartments in Okeechobee, FL?+
Based on Fair Market Rent for Okeechobee County, the estimated price range is: 1-bedroom: $806, 2-bedroom: $1059. Actual rent at Laurel Oaks Senior may be lower for income-eligible households.
What are the income limits for affordable housing in Okeechobee County, FL?+
For a 4-person household in Okeechobee County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
Who is eligible to live at Laurel Oaks Senior?+
Laurel Oaks Senior primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Laurel Oaks Senior?+
Laurel Oaks Senior is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.