About This Property
Depot Place Apts is a 24-unit multifamily property in Hamilton, Indiana, offering affordable housing options for low-income residents. The community includes 16 one-bedroom units and 8 two-bedroom units, and has been in service since 1989.
Property Details
Fair Market Rent - Steuben 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 | $684 |
| 1 Bedroom | $726 |
| 2 Bedroom | $944 |
| 3 Bedroom | $1,172 |
| 4 Bedroom | $1,257 |
Income Limits - Steuben County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hamilton, IN?+
The Fair Market Rent (FMR) for Steuben County, IN is: $684 (Studio), $726 (1BR), $944 (2BR), $1172 (3BR), $1257 (4BR). Actual rent at subsidized properties like Depot Place Apts is typically 30% of household income or less.
What size apartments are available at Depot Place Apts?+
Depot Place Apts offers the following unit types: 16 One-Bedroom, 8 Two-Bedroom units, for a total of 24 units.
Who manages Depot Place Apts?+
Depot Place Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Depot Place Apts?+
Depot Place 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 Hamilton, IN?+
Based on Fair Market Rent for Steuben County, the estimated price range is: 1-bedroom: $726, 2-bedroom: $944. Actual rent at Depot Place Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Steuben County, IN?+
For a 4-person household in Steuben County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Contact Information
Location
Steuben County, IN
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