About This Property
Canterbury House Apts I contains 68 units in Newburgh, Indiana, with 64 designated as low-income housing. The property features a mix of floor plans including 10 one-bedroom, 32 two-bedroom, 18 three-bedroom, and 8 four-bedroom units. The community was placed in service in 2005 and operates in Vanderburgh County.
Property Details
Fair Market Rent - Vanderburgh 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 | $766 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,360 |
| 4 Bedroom | $1,558 |
Income Limits - Vanderburgh County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,450
- Low (80%)
- $48,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,250
- Low (80%)
- $54,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,100
- Low (80%)
- $65,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,250
- Low (80%)
- $80,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,650 | $42,650 |
| 2 Persons | $18,300 | $30,450 | $48,750 |
| 3 Persons | $21,960 | $34,250 | $54,850 |
| 4 Persons | $26,500 | $38,050 | $60,900 |
| 5 Persons | $31,040 | $41,100 | $65,800 |
| 6 Persons | $35,580 | $44,150 | $70,650 |
| 7 Persons | $40,120 | $47,200 | $75,550 |
| 8 Persons | $44,660 | $50,250 | $80,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Newburgh, IN?+
The Fair Market Rent (FMR) for Vanderburgh County, IN is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Canterbury House Apts I Newburgh is typically 30% of household income or less.
What size apartments are available at Canterbury House Apts I Newburgh?+
Canterbury House Apts I Newburgh offers the following unit types: 10 One-Bedroom, 32 Two-Bedroom, 18 Three-Bedroom, 8 Four-Bedroom units, for a total of 68 units.
How do I apply for housing at Canterbury House Apts I Newburgh?+
Canterbury House Apts I Newburgh is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Vanderburgh County, IN?+
For a 4-person household in Vanderburgh County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,050, Low Income (80% AMI): $60,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Newburgh, IN?+
Based on Fair Market Rent for Vanderburgh County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1070, 3-bedroom: $1360. Actual rent at Canterbury House Apts I Newburgh may be lower for income-eligible households.
Who manages Canterbury House Apts I Newburgh?+
Canterbury House Apts I Newburgh is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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