About This Property
Kingston Ridge Apts is a 32-unit affordable housing community in Gosport, IN that has served low-income residents since 2000. The property includes 31 low-income units with a mix of floor plans: four 1-bedroom, eighteen 2-bedroom, and ten 3-bedroom units. The development receives 9% Low-Income Housing Tax Credit financing and is professionally managed.
Property Details
Fair Market Rent - Owen 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 | $683 |
| 1 Bedroom | $684 |
| 2 Bedroom | $899 |
| 3 Bedroom | $1,146 |
| 4 Bedroom | $1,488 |
Income Limits - Owen 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 Gosport, IN?+
The Fair Market Rent (FMR) for Owen County, IN is: $683 (Studio), $684 (1BR), $899 (2BR), $1146 (3BR), $1488 (4BR). Actual rent at subsidized properties like Kingston Ridge Apts is typically 30% of household income or less.
What size apartments are available at Kingston Ridge Apts?+
Kingston Ridge Apts offers the following unit types: 4 One-Bedroom, 18 Two-Bedroom, 10 Three-Bedroom units, for a total of 32 units.
How do I apply for housing at Kingston Ridge Apts?+
Kingston Ridge 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 Gosport, IN?+
Based on Fair Market Rent for Owen County, the estimated price range is: 1-bedroom: $684, 2-bedroom: $899, 3-bedroom: $1146. Actual rent at Kingston Ridge Apts may be lower for income-eligible households.
Who manages Kingston Ridge Apts?+
Kingston Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Owen County, IN?+
For a 4-person household in Owen 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.