About This Property
Drake Terrace Senior Apts II contains 18 low-income residential units in Kendallville, Indiana, comprising 16 one-bedroom and 2 two-bedroom apartments. The property has been in service since 1992 and serves senior residents in Noble County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Kendallville
The waiting list is open until further notice for families and senior/disabled individuals; applications are placed by date and time received, with priority given to seniors age 62 or older or those who receive SSI disability benefits.
No active waitlist information is currently available for the Section 8 Housing Choice Voucher program.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Noble 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 | $594 |
| 1 Bedroom | $667 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,077 |
| 4 Bedroom | $1,397 |
Income Limits - Noble County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,150
- Low (80%)
- $43,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,900
- Low (80%)
- $54,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,650
- Low (80%)
- $58,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,350
- Low (80%)
- $62,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,750
- Low (80%)
- $71,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,750 | $38,000 |
| 2 Persons | $17,420 | $27,150 | $43,400 |
| 3 Persons | $21,960 | $30,550 | $48,850 |
| 4 Persons | $26,500 | $33,900 | $54,250 |
| 5 Persons | $31,040 | $36,650 | $58,600 |
| 6 Persons | $35,580 | $39,350 | $62,950 |
| 7 Persons | $40,120 | $42,050 | $67,300 |
| 8 Persons | $44,660 | $44,750 | $71,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kendallville, IN?+
The Fair Market Rent (FMR) for Noble County, IN is: $594 (Studio), $667 (1BR), $877 (2BR), $1077 (3BR), $1397 (4BR). Actual rent at subsidized properties like Drake Terrace Senior Apts Ii is typically 30% of household income or less.
What size apartments are available at Drake Terrace Senior Apts Ii?+
Drake Terrace Senior Apts Ii offers the following unit types: 16 One-Bedroom, 2 Two-Bedroom units, for a total of 18 units.
What is the price range for apartments in Kendallville, IN?+
Based on Fair Market Rent for Noble County, the estimated price range is: 1-bedroom: $667, 2-bedroom: $877. Actual rent at Drake Terrace Senior Apts Ii may be lower for income-eligible households.
Who manages Drake Terrace Senior Apts Ii?+
Drake Terrace Senior Apts Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Noble County, IN?+
For a 4-person household in Noble County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,900, Low Income (80% AMI): $54,250. These limits are set by HUD and updated annually.
How do I apply for housing at Drake Terrace Senior Apts Ii?+
Drake Terrace Senior Apts 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.
Is there a waitlist for Drake Terrace Senior Apts Ii?+
Public Housing waitlist is currently Open. 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 is eligible to live at Drake Terrace Senior Apts Ii?+
Drake Terrace Senior Apts Ii primarily serves MULTIFAMILY. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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