About This Property
Prestwick Square Apts of Richmond comprises 100 low-income residential units in Richmond, Indiana, featuring 64 two-bedroom and 36 three-bedroom floor plans. The community has been in service since 1991 and serves Wayne County residents. For inquiries regarding this property, contact information and management details are available upon request.
Waitlist Information
Waitlist managed by Housing Authority of the City of Richmond
Applicants who live and/or work in Richmond have a preference; also for families and senior/disabled individuals.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
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 Richmond, 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 Prestwick Square Apts of Richmond is typically 30% of household income or less.
What size apartments are available at Prestwick Square Apts of Richmond?+
Prestwick Square Apts of Richmond offers the following unit types: 64 Two-Bedroom, 36 Three-Bedroom units, for a total of 100 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.
Is there a waitlist for Prestwick Square Apts of Richmond?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Prestwick Square Apts of Richmond?+
Prestwick Square Apts of Richmond 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 Prestwick Square Apts of Richmond?+
Prestwick Square Apts of Richmond is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Richmond, IN?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 2-bedroom: $863, 3-bedroom: $1071. Actual rent at Prestwick Square Apts of Richmond 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.
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