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Low Income (LIHTC)

Avon Senior I

1055 Banham Ct, Avon, IN, 46123

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Avon Senior I provides 94 low-income units for elderly residents in Avon, Indiana. The property opened in 2012 and contains 20 one-bedroom units and 74 two-bedroom units. The community is situated in Hendricks County.

Property Details

Total Units
94
1 Bedroom
20
2 Bedroom
74

Fair Market Rent - Hendricks County, IN

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

BedroomsFMR
Studio/Efficiency$982
1 Bedroom$1,145
2 Bedroom$1,349
3 Bedroom$1,758
4 Bedroom$2,126

Income Limits - Hendricks County, IN

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

1 Person
Extremely Low (30%)
$17,150
Very Low (50%)
$28,600
Low (80%)
$45,750
2 Persons
Extremely Low (30%)
$19,600
Very Low (50%)
$32,650
Low (80%)
$52,250
3 Persons
Extremely Low (30%)
$22,050
Very Low (50%)
$36,750
Low (80%)
$58,800
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$40,800
Low (80%)
$65,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$44,100
Low (80%)
$70,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$47,350
Low (80%)
$75,750
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$50,600
Low (80%)
$81,000
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$53,900
Low (80%)
$86,200

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Tax Credit Program Details

Year Placed in Service
2012
Low-Income Units
94 / 94
Target Population
Elderly
Funding Programs
TCEP

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Hendricks County, IN is: $982 (Studio), $1145 (1BR), $1349 (2BR), $1758 (3BR), $2126 (4BR). Actual rent at subsidized properties like Avon Senior I is typically 30% of household income or less.

What size apartments are available at Avon Senior I?+

Avon Senior I offers the following unit types: 20 One-Bedroom, 74 Two-Bedroom units, for a total of 94 units.

Who manages Avon Senior I?+

Avon Senior I is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Avon Senior I?+

Avon Senior I 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 is eligible to live at Avon Senior I?+

Avon Senior I primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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

Based on Fair Market Rent for Hendricks County, the estimated price range is: 1-bedroom: $1145, 2-bedroom: $1349. Actual rent at Avon Senior I may be lower for income-eligible households.

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

For a 4-person household in Hendricks County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,800, Low Income (80% AMI): $65,300. These limits are set by HUD and updated annually.

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Contact Information

Walk Score

Almost All Errands Require a Car

7
Walk
50
Bike

Nearby Schools

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

Location

Hendricks County, IN

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