About This Property
Mcnair Manor comprises 46 low-income residential units in Batesville, Indiana, with a mix of 20 one-bedroom, 22 two-bedroom, and 4 three-bedroom apartments. The property has been in service since 1988 and serves Ripley County residents.
Property Details
Fair Market Rent - Ripley 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 | $617 |
| 1 Bedroom | $673 |
| 2 Bedroom | $884 |
| 3 Bedroom | $1,216 |
| 4 Bedroom | $1,282 |
Income Limits - Ripley County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,350
- Low (80%)
- $69,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,150 |
| 2 Persons | $17,420 | $28,000 | $44,750 |
| 3 Persons | $21,960 | $31,500 | $50,350 |
| 4 Persons | $26,500 | $34,950 | $55,900 |
| 5 Persons | $31,040 | $37,750 | $60,400 |
| 6 Persons | $35,580 | $40,550 | $64,850 |
| 7 Persons | $40,120 | $43,350 | $69,350 |
| 8 Persons | $44,660 | $46,150 | $73,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Batesville, IN?+
The Fair Market Rent (FMR) for Ripley County, IN is: $617 (Studio), $673 (1BR), $884 (2BR), $1216 (3BR), $1282 (4BR). Actual rent at subsidized properties like Mcnair Manor is typically 30% of household income or less.
What size apartments are available at Mcnair Manor?+
Mcnair Manor offers the following unit types: 20 One-Bedroom, 22 Two-Bedroom, 4 Three-Bedroom units, for a total of 46 units.
What is the price range for apartments in Batesville, IN?+
Based on Fair Market Rent for Ripley County, the estimated price range is: 1-bedroom: $673, 2-bedroom: $884, 3-bedroom: $1216. Actual rent at Mcnair Manor may be lower for income-eligible households.
What are the income limits for affordable housing in Ripley County, IN?+
For a 4-person household in Ripley County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,950, Low Income (80% AMI): $55,900. These limits are set by HUD and updated annually.
Who manages Mcnair Manor?+
Mcnair Manor is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Mcnair Manor?+
Mcnair Manor 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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