About This Property
Village Apts of Marengo offers 24 low-income units in Marengo, Indiana, with a mix of one, two, and three-bedroom floor plans. The property has been in service since 1996 and is financed through 9% LIHTC credits. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Crawford County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $600 |
| 1 Bedroom | $769 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,193 |
| 4 Bedroom | $1,297 |
Income Limits - Crawford County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marengo, IN?+
The Fair Market Rent (FMR) for Crawford County, IN is: $600 (Studio), $769 (1BR), $863 (2BR), $1193 (3BR), $1297 (4BR). Actual rent at subsidized properties like Village Apts of Marengo is typically 30% of household income or less.
What size apartments are available at Village Apts of Marengo?+
Village Apts of Marengo offers the following unit types: 8 One-Bedroom, 14 Two-Bedroom, 2 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Village Apts of Marengo?+
Village Apts of Marengo 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 Crawford County, IN?+
For a 4-person household in Crawford County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
Who manages Village Apts of Marengo?+
Village Apts of Marengo is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Marengo, IN?+
Based on Fair Market Rent for Crawford County, the estimated price range is: 1-bedroom: $769, 2-bedroom: $863, 3-bedroom: $1193. Actual rent at Village Apts of Marengo may be lower for income-eligible households.
Walk Score
Car-Dependent