About This Property
Edgewood Village Apts comprises 48 low-income units in Ellettsville, Indiana, with a mix of 16 one-bedroom and 32 two-bedroom apartments. The property was placed in service in 1999 and utilizes 4% Low-Income Housing Tax Credits. The community is managed by a professional property management team serving Monroe County residents.
Property Details
Fair Market Rent - Monroe 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 | $848 |
| 1 Bedroom | $979 |
| 2 Bedroom | $1,126 |
| 3 Bedroom | $1,549 |
| 4 Bedroom | $1,814 |
Income Limits - Monroe County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ellettsville, IN?+
The Fair Market Rent (FMR) for Monroe County, IN is: $848 (Studio), $979 (1BR), $1126 (2BR), $1549 (3BR), $1814 (4BR). Actual rent at subsidized properties like Edgewood Village Apts is typically 30% of household income or less.
What size apartments are available at Edgewood Village Apts?+
Edgewood Village Apts offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.
What is the price range for apartments in Ellettsville, IN?+
Based on Fair Market Rent for Monroe County, the estimated price range is: 1-bedroom: $979, 2-bedroom: $1126. Actual rent at Edgewood Village Apts may be lower for income-eligible households.
How do I apply for housing at Edgewood Village Apts?+
Edgewood Village 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.
Who manages Edgewood Village Apts?+
Edgewood Village Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Monroe County, IN?+
For a 4-person household in Monroe County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Contact Information
Walk Score
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