About This Property
Summerset Apts Phase I offers 40 low-income units in Kokomo, Indiana, consisting of eight 2-bedroom and thirty-two 3-bedroom apartments. The property has been in service since 1998 and continues to serve Howard County residents.
Waitlist Information
Waitlist managed by Kokomo Housing Authority
The Public Housing waitlist is currently CLOSED.
The Housing Choice Voucher waitlist is currently CLOSED.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Howard 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 | $788 |
| 1 Bedroom | $793 |
| 2 Bedroom | $980 |
| 3 Bedroom | $1,299 |
| 4 Bedroom | $1,428 |
Income Limits - Howard County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,400
- Very Low (50%)
- $24,000
- Low (80%)
- $38,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,850
- Low (80%)
- $49,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,250
- Low (80%)
- $72,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,400 | $24,000 | $38,400 |
| 2 Persons | $17,420 | $27,400 | $43,850 |
| 3 Persons | $21,960 | $30,850 | $49,350 |
| 4 Persons | $26,500 | $34,250 | $54,800 |
| 5 Persons | $31,040 | $37,000 | $59,200 |
| 6 Persons | $35,580 | $39,750 | $63,600 |
| 7 Persons | $40,120 | $42,500 | $68,000 |
| 8 Persons | $44,660 | $45,250 | $72,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kokomo, IN?+
The Fair Market Rent (FMR) for Howard County, IN is: $788 (Studio), $793 (1BR), $980 (2BR), $1299 (3BR), $1428 (4BR). Actual rent at subsidized properties like Summerset Apts Phase I is typically 30% of household income or less.
What size apartments are available at Summerset Apts Phase I?+
Summerset Apts Phase I offers the following unit types: 8 Two-Bedroom, 32 Three-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Howard County, IN?+
For a 4-person household in Howard County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,250, Low Income (80% AMI): $54,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Kokomo, IN?+
Based on Fair Market Rent for Howard County, the estimated price range is: 2-bedroom: $980, 3-bedroom: $1299. Actual rent at Summerset Apts Phase I may be lower for income-eligible households.
Is there a waitlist for Summerset Apts Phase I?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Summerset Apts Phase I?+
Summerset Apts Phase 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 manages Summerset Apts Phase I?+
Summerset Apts Phase I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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