About This Property
Aragon Apts offers 48 low-income units in Clinton, Indiana, consisting of 44 one-bedroom and 4 two-bedroom apartments. The property has been in service since 1995 and is financed through a 4% Low-Income Housing Tax Credit allocation. The community serves residents in Vermillion County.
Property Details
Fair Market Rent - Vermillion 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 | $741 |
| 1 Bedroom | $766 |
| 2 Bedroom | $964 |
| 3 Bedroom | $1,166 |
| 4 Bedroom | $1,398 |
Income Limits - Vermillion 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 Clinton, IN?+
The Fair Market Rent (FMR) for Vermillion County, IN is: $741 (Studio), $766 (1BR), $964 (2BR), $1166 (3BR), $1398 (4BR). Actual rent at subsidized properties like Aragon Apts is typically 30% of household income or less.
What size apartments are available at Aragon Apts?+
Aragon Apts offers the following unit types: 44 One-Bedroom, 4 Two-Bedroom units, for a total of 48 units.
How do I apply for housing at Aragon Apts?+
Aragon 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.
Who manages Aragon Apts?+
Aragon Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Clinton, IN?+
Based on Fair Market Rent for Vermillion County, the estimated price range is: 1-bedroom: $766, 2-bedroom: $964. Actual rent at Aragon Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Vermillion County, IN?+
For a 4-person household in Vermillion 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.