About This Property
Gladden Farms Apts I offers 140 low-income units in Plainfield, Indiana, with a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 1996 and is supported by 9% Low-Income Housing Tax Credits. The unit distribution includes 24 one-bedroom, 64 two-bedroom, 24 three-bedroom, and 28 four-bedroom apartments.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,250
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,100
- Low (80%)
- $70,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,600
- Low (80%)
- $81,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,900
- Low (80%)
- $86,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,600 | $45,750 |
| 2 Persons | $19,600 | $32,650 | $52,250 |
| 3 Persons | $22,050 | $36,750 | $58,800 |
| 4 Persons | $26,500 | $40,800 | $65,300 |
| 5 Persons | $31,040 | $44,100 | $70,550 |
| 6 Persons | $35,580 | $47,350 | $75,750 |
| 7 Persons | $40,120 | $50,600 | $81,000 |
| 8 Persons | $44,660 | $53,900 | $86,200 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Plainfield, 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 Gladden Farms Apts I is typically 30% of household income or less.
What size apartments are available at Gladden Farms Apts I?+
Gladden Farms Apts I offers the following unit types: 24 One-Bedroom, 64 Two-Bedroom, 24 Three-Bedroom, 28 Four-Bedroom units, for a total of 140 units.
What is the price range for apartments in Plainfield, IN?+
Based on Fair Market Rent for Hendricks County, the estimated price range is: 1-bedroom: $1145, 2-bedroom: $1349, 3-bedroom: $1758. Actual rent at Gladden Farms Apts I may be lower for income-eligible households.
How do I apply for housing at Gladden Farms Apts I?+
Gladden Farms Apts 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.
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.
Who manages Gladden Farms Apts I?+
Gladden Farms Apts I is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Gladden Farms Apts I
Kinnley Court
Plainfield, IN
64 UnitsSpring Hill Apts Phase Iii
Mooresville, IN
30 UnitsAvon Senior I
Avon, IN
94 UnitsCambridge Station Apts
Indianapolis, IN
200 UnitsGladden Farms Apts Ii
Plainfield, IN
80 UnitsDanbury Pointe
Danville, IN
24 Units