About This Property
Canterbury House Apts in Tipton, Indiana contains 40 units of affordable housing, with 39 designated as low-income units. The community offers a mix of one, two, and three-bedroom floor plans, including 8 one-bedroom units, 20 two-bedroom units, and 12 three-bedroom units. The property has been in service since 1997.
Property Details
Fair Market Rent - Tipton 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 | $644 |
| 1 Bedroom | $705 |
| 2 Bedroom | $926 |
| 3 Bedroom | $1,120 |
| 4 Bedroom | $1,288 |
Income Limits - Tipton County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,700
- Low (80%)
- $41,100
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,400
- Low (80%)
- $47,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,050
- Low (80%)
- $52,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,700
- Low (80%)
- $58,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,650
- Low (80%)
- $63,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,600
- Low (80%)
- $68,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,550
- Low (80%)
- $72,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,450
- Low (80%)
- $77,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,700 | $41,100 |
| 2 Persons | $17,600 | $29,400 | $47,000 |
| 3 Persons | $21,960 | $33,050 | $52,850 |
| 4 Persons | $26,500 | $36,700 | $58,700 |
| 5 Persons | $31,040 | $39,650 | $63,400 |
| 6 Persons | $35,580 | $42,600 | $68,100 |
| 7 Persons | $40,120 | $45,550 | $72,800 |
| 8 Persons | $44,660 | $48,450 | $77,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tipton, IN?+
The Fair Market Rent (FMR) for Tipton County, IN is: $644 (Studio), $705 (1BR), $926 (2BR), $1120 (3BR), $1288 (4BR). Actual rent at subsidized properties like Canterbury House Apts - Tipton is typically 30% of household income or less.
What size apartments are available at Canterbury House Apts - Tipton?+
Canterbury House Apts - Tipton offers the following unit types: 8 One-Bedroom, 20 Two-Bedroom, 12 Three-Bedroom units, for a total of 40 units.
What is the price range for apartments in Tipton, IN?+
Based on Fair Market Rent for Tipton County, the estimated price range is: 1-bedroom: $705, 2-bedroom: $926, 3-bedroom: $1120. Actual rent at Canterbury House Apts - Tipton may be lower for income-eligible households.
How do I apply for housing at Canterbury House Apts - Tipton?+
Canterbury House Apts - Tipton 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 are the income limits for affordable housing in Tipton County, IN?+
For a 4-person household in Tipton County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,700, Low Income (80% AMI): $58,700. These limits are set by HUD and updated annually.
Who manages Canterbury House Apts - Tipton?+
Canterbury House Apts - Tipton is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.