About This Property
Water Tower Place At Kingston Square comprises 68 low-income units in Kokomo, Indiana, consisting of 34 two-bedroom and 34 three-bedroom apartments designed to serve families. The property was placed in service in 2013 and is financed through 9% Low-Income Housing Tax Credits. The community is managed by an on-site management team available to assist 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 Water Tower Place At Kingston Square is typically 30% of household income or less.
What size apartments are available at Water Tower Place At Kingston Square?+
Water Tower Place At Kingston Square offers the following unit types: 34 Two-Bedroom, 34 Three-Bedroom units, for a total of 68 units.
Who is eligible to live at Water Tower Place At Kingston Square?+
Water Tower Place At Kingston Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Water Tower Place At Kingston Square?+
Water Tower Place At Kingston Square is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Water Tower Place At Kingston Square?+
Water Tower Place At Kingston Square 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 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 Water Tower Place At Kingston Square may be lower for income-eligible households.
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.
Is there a waitlist for Water Tower Place At Kingston Square?+
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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