About This Property
Millstone Apts comprises 31 low-income units in Greencastle, Indiana, serving families with a mix of one, two, and three-bedroom floor plans. The property includes eight one-bedroom units, sixteen two-bedroom units, and seven three-bedroom units. The complex was placed in service in 2011 and receives HOME program funding.
Property Details
Fair Market Rent - Putnam 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 | $827 |
| 1 Bedroom | $855 |
| 2 Bedroom | $1,124 |
| 3 Bedroom | $1,503 |
| 4 Bedroom | $1,729 |
Income Limits - Putnam County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Greencastle, IN?+
The Fair Market Rent (FMR) for Putnam County, IN is: $827 (Studio), $855 (1BR), $1124 (2BR), $1503 (3BR), $1729 (4BR). Actual rent at subsidized properties like Millstone Apts is typically 30% of household income or less.
What size apartments are available at Millstone Apts?+
Millstone Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom, 7 Three-Bedroom units, for a total of 31 units.
What is the price range for apartments in Greencastle, IN?+
Based on Fair Market Rent for Putnam County, the estimated price range is: 1-bedroom: $855, 2-bedroom: $1124, 3-bedroom: $1503. Actual rent at Millstone Apts may be lower for income-eligible households.
Who is eligible to live at Millstone Apts?+
Millstone Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Millstone Apts?+
Millstone Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Putnam County, IN?+
For a 4-person household in Putnam County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
How do I apply for housing at Millstone Apts?+
Millstone 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.
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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