About This Property
Country Meadows Apts comprises 16 low-income units in Markle, Indiana, within Wells County. The property includes 14 one-bedroom and two two-bedroom units and has been in service since 1987. Management and leasing inquiries can be directed to the property operator.
Property Details
Fair Market Rent - Wells 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 | $603 |
| 1 Bedroom | $660 |
| 2 Bedroom | $867 |
| 3 Bedroom | $1,048 |
| 4 Bedroom | $1,255 |
Income Limits - Wells County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,850
- Low (80%)
- $62,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,750
- Low (80%)
- $66,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,600
- Low (80%)
- $71,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,500
- Low (80%)
- $75,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,200 | $40,250 |
| 2 Persons | $17,420 | $28,800 | $46,000 |
| 3 Persons | $21,960 | $32,400 | $51,750 |
| 4 Persons | $26,500 | $35,950 | $57,500 |
| 5 Persons | $31,040 | $38,850 | $62,100 |
| 6 Persons | $35,580 | $41,750 | $66,700 |
| 7 Persons | $40,120 | $44,600 | $71,300 |
| 8 Persons | $44,660 | $47,500 | $75,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Markle, IN?+
The Fair Market Rent (FMR) for Wells County, IN is: $603 (Studio), $660 (1BR), $867 (2BR), $1048 (3BR), $1255 (4BR). Actual rent at subsidized properties like Country Meadows Apts is typically 30% of household income or less.
What size apartments are available at Country Meadows Apts?+
Country Meadows Apts offers the following unit types: 14 One-Bedroom, 2 Two-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Wells County, IN?+
For a 4-person household in Wells County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,950, Low Income (80% AMI): $57,500. These limits are set by HUD and updated annually.
Who manages Country Meadows Apts?+
Country Meadows Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Country Meadows Apts?+
Country Meadows 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.
What is the price range for apartments in Markle, IN?+
Based on Fair Market Rent for Wells County, the estimated price range is: 1-bedroom: $660, 2-bedroom: $867. Actual rent at Country Meadows Apts may be lower for income-eligible households.