About This Property
Lincoln Place Apts offers 38 one-bedroom units designed for low-income households in North Vernon, Indiana. The property has been in service since 1994 and operates within Jennings County. All 38 units serve affordable housing needs in the area.
Property Details
Fair Market Rent - Jennings 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 | $630 |
| 1 Bedroom | $657 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,216 |
| 4 Bedroom | $1,447 |
Income Limits - Jennings County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in North Vernon, IN?+
The Fair Market Rent (FMR) for Jennings County, IN is: $630 (Studio), $657 (1BR), $863 (2BR), $1216 (3BR), $1447 (4BR). Actual rent at subsidized properties like Lincoln Place Apts is typically 30% of household income or less.
What size apartments are available at Lincoln Place Apts?+
Lincoln Place Apts offers the following unit types: 38 One-Bedroom units, for a total of 38 units.
Who manages Lincoln Place Apts?+
Lincoln Place Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lincoln Place Apts?+
Lincoln Place 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 is the price range for apartments in North Vernon, IN?+
Based on Fair Market Rent for Jennings County, the estimated price range is: 1-bedroom: $657. Actual rent at Lincoln Place Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Jennings County, IN?+
For a 4-person household in Jennings County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.