About This Property
Lagrange Villas II comprises 6 units designated for low-income households in Lagrange, Indiana. The property offers 2-bedroom floor plans and has been in service since 1989. All 6 units serve income-qualified residents in Lagrange County.
Property Details
Fair Market Rent - Lagrange 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 | $652 |
| 1 Bedroom | $657 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,139 |
| 4 Bedroom | $1,149 |
Income Limits - Lagrange County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lagrange, IN?+
The Fair Market Rent (FMR) for Lagrange County, IN is: $652 (Studio), $657 (1BR), $863 (2BR), $1139 (3BR), $1149 (4BR). Actual rent at subsidized properties like Lagrange Villas Ii is typically 30% of household income or less.
What size apartments are available at Lagrange Villas Ii?+
Lagrange Villas Ii offers the following unit types: 6 Two-Bedroom units, for a total of 6 units.
Who manages Lagrange Villas Ii?+
Lagrange Villas Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lagrange, IN?+
Based on Fair Market Rent for Lagrange County, the estimated price range is: 2-bedroom: $863. Actual rent at Lagrange Villas Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Lagrange County, IN?+
For a 4-person household in Lagrange County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
How do I apply for housing at Lagrange Villas Ii?+
Lagrange Villas Ii 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.
Walk Score
Somewhat Walkable
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