About This Property
Oak Valley Place II consists of 18 low-income residential units in Knox, Indiana, with a mix of 14 one-bedroom and 4 two-bedroom apartments. The property has been in service since 1988. For leasing information and inquiries, interested applicants should contact the property management office.
Property Details
Fair Market Rent - Starke 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 | $600 |
| 1 Bedroom | $687 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,059 |
| 4 Bedroom | $1,175 |
Income Limits - Starke 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 Knox, IN?+
The Fair Market Rent (FMR) for Starke County, IN is: $600 (Studio), $687 (1BR), $863 (2BR), $1059 (3BR), $1175 (4BR). Actual rent at subsidized properties like Oak Valley Place Ii is typically 30% of household income or less.
What size apartments are available at Oak Valley Place Ii?+
Oak Valley Place Ii offers the following unit types: 14 One-Bedroom, 4 Two-Bedroom units, for a total of 18 units.
What is the price range for apartments in Knox, IN?+
Based on Fair Market Rent for Starke County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $863. Actual rent at Oak Valley Place Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Starke County, IN?+
For a 4-person household in Starke 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.
How do I apply for housing at Oak Valley Place Ii?+
Oak Valley Place 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.
Who manages Oak Valley Place Ii?+
Oak Valley Place Ii is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.