About This Property
Sycamore Hills Apts comprises 24 low-income units in Salem, Indiana, offering 22 one-bedroom and 2 two-bedroom floor plans. The property has been in service since 1994. Rental inquiries can be directed to the property management office.
Property Details
Fair Market Rent - Washington 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 | $745 |
| 1 Bedroom | $753 |
| 2 Bedroom | $989 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,317 |
Income Limits - Washington 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 Salem, IN?+
The Fair Market Rent (FMR) for Washington County, IN is: $745 (Studio), $753 (1BR), $989 (2BR), $1236 (3BR), $1317 (4BR). Actual rent at subsidized properties like Sycamore Hills Apts is typically 30% of household income or less.
What size apartments are available at Sycamore Hills Apts?+
Sycamore Hills Apts offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Salem, IN?+
Based on Fair Market Rent for Washington County, the estimated price range is: 1-bedroom: $753, 2-bedroom: $989. Actual rent at Sycamore Hills Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Washington County, IN?+
For a 4-person household in Washington 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.
Who manages Sycamore Hills Apts?+
Sycamore Hills Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sycamore Hills Apts?+
Sycamore Hills 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.