About This Property
Shady Knoll Apts III is a 48-unit affordable housing community in Crawfordsville, Indiana that has served low-income residents since 1995. The property offers 16 one-bedroom and 32 two-bedroom units and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The community provides housing options for families and individuals with lower incomes in Montgomery County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Crawfordsvil
The waiting list will close on April 15, 2026. Paper applications are available on Wednesdays from 8:30 am to 12:00 pm for those unable to apply online. Status varies based on funding.
The waiting list will close on April 15, 2026. Paper applications are available on Wednesdays from 8:30 am to 12:00 pm for those unable to apply online. Status varies based on funding.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Montgomery 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 | $600 |
| 1 Bedroom | $684 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,176 |
| 4 Bedroom | $1,279 |
Income Limits - Montgomery County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,550
- Low (80%)
- $44,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,000
- Low (80%)
- $49,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,100 | $38,550 |
| 2 Persons | $17,420 | $27,550 | $44,050 |
| 3 Persons | $21,960 | $31,000 | $49,550 |
| 4 Persons | $26,500 | $34,400 | $55,050 |
| 5 Persons | $31,040 | $37,200 | $59,500 |
| 6 Persons | $35,580 | $39,950 | $63,900 |
| 7 Persons | $40,120 | $42,700 | $68,300 |
| 8 Persons | $44,660 | $45,450 | $72,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Crawfordsville, IN?+
The Fair Market Rent (FMR) for Montgomery County, IN is: $600 (Studio), $684 (1BR), $863 (2BR), $1176 (3BR), $1279 (4BR). Actual rent at subsidized properties like Shady Knoll Apts Iii is typically 30% of household income or less.
What size apartments are available at Shady Knoll Apts Iii?+
Shady Knoll Apts Iii offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.
Is there a waitlist for Shady Knoll Apts Iii?+
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.
Who manages Shady Knoll Apts Iii?+
Shady Knoll Apts Iii is managed by . You can reach them at .
What are the income limits for affordable housing in Montgomery County, IN?+
For a 4-person household in Montgomery County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,400, Low Income (80% AMI): $55,050. These limits are set by HUD and updated annually.
What is the price range for apartments in Crawfordsville, IN?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $684, 2-bedroom: $863. Actual rent at Shady Knoll Apts Iii may be lower for income-eligible households.
How do I apply for housing at Shady Knoll Apts Iii?+
Shady Knoll Apts Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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