About This Property
South Oak Villas comprises 12 two-bedroom units designated for low-income residents in Garrett, Indiana. The property was placed in service in 1989 and is located in DeKalb County.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Garrett, 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 South Oak Villas is typically 30% of household income or less.
What size apartments are available at South Oak Villas?+
South Oak Villas offers the following unit types: 12 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Garrett, IN?+
Based on Fair Market Rent for Dekalb County, the estimated price range is: 2-bedroom: $863. Actual rent at South Oak Villas may be lower for income-eligible households.
Who manages South Oak Villas?+
South Oak Villas is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at South Oak Villas?+
South Oak 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.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near South Oak Villas
Hope'S Landing
Auburn, IN
48 UnitsCarmel Ridge Apts
Auburn, IN
48 UnitsJerry Junction
Auburn, IN
57 UnitsIndian Terrace Villas Phase Ii
Auburn, IN
12 UnitsDeerfield Apts I
Kendallville, IN
40 UnitsIndian Terrace Villas Iv
Auburn, IN
12 Units