About This Property
Riverfront Apts comprises 50 low-income units in Brookville, Indiana, with a mix of one-, two-, and three-bedroom floor plans. The property, which has been in service since 2004, contains 18 one-bedroom, 24 two-bedroom, and 8 three-bedroom units. The community is located in Franklin County.
Property Details
Fair Market Rent - Franklin 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 | $636 |
| 1 Bedroom | $715 |
| 2 Bedroom | $939 |
| 3 Bedroom | $1,292 |
| 4 Bedroom | $1,330 |
Income Limits - Franklin County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Brookville, IN?+
The Fair Market Rent (FMR) for Franklin County, IN is: $636 (Studio), $715 (1BR), $939 (2BR), $1292 (3BR), $1330 (4BR). Actual rent at subsidized properties like Riverfront Apts is typically 30% of household income or less.
What size apartments are available at Riverfront Apts?+
Riverfront Apts offers the following unit types: 18 One-Bedroom, 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 50 units.
Who manages Riverfront Apts?+
Riverfront Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Brookville, IN?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $715, 2-bedroom: $939, 3-bedroom: $1292. Actual rent at Riverfront Apts may be lower for income-eligible households.
How do I apply for housing at Riverfront Apts?+
Riverfront Apts 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 Franklin County, IN?+
For a 4-person household in Franklin County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.