About This Property
Alexandria Manor Apts comprises 49 low-income units in Alexandria, Indiana, within Madison County. The property offers a mix of 21 two-bedroom and 28 three-bedroom apartments and has been in service since 2005. For more information, interested parties may contact the property management office.
Property Details
Fair Market Rent - Madison 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 | $793 |
| 1 Bedroom | $868 |
| 2 Bedroom | $1,140 |
| 3 Bedroom | $1,468 |
| 4 Bedroom | $1,518 |
Income Limits - Madison 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 Alexandria, IN?+
The Fair Market Rent (FMR) for Madison County, IN is: $793 (Studio), $868 (1BR), $1140 (2BR), $1468 (3BR), $1518 (4BR). Actual rent at subsidized properties like Alexandria Manor Apts is typically 30% of household income or less.
What size apartments are available at Alexandria Manor Apts?+
Alexandria Manor Apts offers the following unit types: 21 Two-Bedroom, 28 Three-Bedroom units, for a total of 49 units.
How do I apply for housing at Alexandria Manor Apts?+
Alexandria Manor 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 Alexandria, IN?+
Based on Fair Market Rent for Madison County, the estimated price range is: 2-bedroom: $1140, 3-bedroom: $1468. Actual rent at Alexandria Manor Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Madison County, IN?+
For a 4-person household in Madison 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.
Who manages Alexandria Manor Apts?+
Alexandria Manor Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.