About This Property
Stonegate Apts of Cambridge City comprises 12 two-bedroom units in Cambridge City, Indiana. The property includes 4 low-income units and has been in service since 1994. It is located in Wayne County.
Property Details
Fair Market Rent - Wayne 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 | $637 |
| 1 Bedroom | $657 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,071 |
| 4 Bedroom | $1,156 |
Income Limits - Wayne 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 Cambridge City, IN?+
The Fair Market Rent (FMR) for Wayne County, IN is: $637 (Studio), $657 (1BR), $863 (2BR), $1071 (3BR), $1156 (4BR). Actual rent at subsidized properties like Stonegate Apts of Cambridge City is typically 30% of household income or less.
What size apartments are available at Stonegate Apts of Cambridge City?+
Stonegate Apts of Cambridge City offers the following unit types: 12 Two-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Wayne County, IN?+
For a 4-person household in Wayne 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.
How do I apply for housing at Stonegate Apts of Cambridge City?+
Stonegate Apts of Cambridge City 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 Stonegate Apts of Cambridge City?+
Stonegate Apts of Cambridge City is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cambridge City, IN?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 2-bedroom: $863. Actual rent at Stonegate Apts of Cambridge City may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.