About This Property
Riverside Villa Apartments is a 54-unit affordable housing community in Ligonier, Indiana that opened in 2018. The property includes 24 one-bedroom and 30 two-bedroom units designated for low-income families. All units serve households meeting income eligibility requirements.
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 Ligonier, 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 Riverside Villa Apartments is typically 30% of household income or less.
What size apartments are available at Riverside Villa Apartments?+
Riverside Villa Apartments offers the following unit types: 24 One-Bedroom, 30 Two-Bedroom units, for a total of 54 units.
Who manages Riverside Villa Apartments?+
Riverside Villa Apartments 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.
Who is eligible to live at Riverside Villa Apartments?+
Riverside Villa Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Ligonier, IN?+
Based on Fair Market Rent for Noble County, the estimated price range is: 1-bedroom: $667, 2-bedroom: $877. Actual rent at Riverside Villa Apartments may be lower for income-eligible households.
How do I apply for housing at Riverside Villa Apartments?+
Riverside Villa Apartments 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.