Affordable Housing Hub
Low Income (LIHTC)

Ashley Villas

501 S Gonser Ave, Ashley, IN, 46705

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Ashley Villas comprises 4 two-bedroom units in Ashley, Indiana, designated as low-income housing. The property was placed in service in 1989 and serves as affordable rental housing in Dekalb County.

Property Details

Total Units
4
2 Bedroom
4

Fair Market Rent - Dekalb County, IN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$600
1 Bedroom$657
2 Bedroom$863
3 Bedroom$1,066
4 Bedroom$1,149

Income Limits - Dekalb County, IN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,250
Very Low (50%)
$23,800
Low (80%)
$38,050
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,200
Low (80%)
$43,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,600
Low (80%)
$48,900
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$33,950
Low (80%)
$54,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$36,700
Low (80%)
$58,650
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$39,400
Low (80%)
$63,000
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$42,100
Low (80%)
$67,350
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$44,850
Low (80%)
$71,700

Tax Credit Program Details

Year Placed in Service
1989
Low-Income Units
4 / 4

Frequently Asked Questions

What is the average rent for affordable housing in Ashley, IN?+

The Fair Market Rent (FMR) for Dekalb County, IN is: $600 (Studio), $657 (1BR), $863 (2BR), $1066 (3BR), $1149 (4BR). Actual rent at subsidized properties like Ashley Villas is typically 30% of household income or less.

What size apartments are available at Ashley Villas?+

Ashley Villas offers the following unit types: 4 Two-Bedroom units, for a total of 4 units.

How do I apply for housing at Ashley Villas?+

Ashley Villas 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.

Who manages Ashley Villas?+

Ashley Villas is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Ashley, IN?+

Based on Fair Market Rent for Dekalb County, the estimated price range is: 2-bedroom: $863. Actual rent at Ashley Villas may be lower for income-eligible households.

What are the income limits for affordable housing in Dekalb County, IN?+

For a 4-person household in Dekalb County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.

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Contact Information

Walk Score

Car-Dependent

32
Walk
40
Bike

Nearby Schools

PK,KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Dekalb County, IN

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