About This Property
Canterbury House Apts in Monticello contains 60 low-income rental units that have been in service since 2001. The property includes a mix of unit sizes: 8 one-bedroom, 30 two-bedroom, and 22 three-bedroom apartments. The development is supported by 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - White 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 | $624 |
| 1 Bedroom | $683 |
| 2 Bedroom | $897 |
| 3 Bedroom | $1,085 |
| 4 Bedroom | $1,195 |
Income Limits - White County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,700
- Low (80%)
- $37,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,250
- Low (80%)
- $62,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $44,650
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,700 | $37,900 |
| 2 Persons | $17,420 | $27,050 | $43,300 |
| 3 Persons | $21,960 | $30,450 | $48,700 |
| 4 Persons | $26,500 | $33,800 | $54,100 |
| 5 Persons | $31,040 | $36,550 | $58,450 |
| 6 Persons | $35,580 | $39,250 | $62,800 |
| 7 Persons | $40,120 | $41,950 | $67,100 |
| 8 Persons | $44,650 | $44,650 | $71,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Monticello, IN?+
The Fair Market Rent (FMR) for White County, IN is: $624 (Studio), $683 (1BR), $897 (2BR), $1085 (3BR), $1195 (4BR). Actual rent at subsidized properties like Canterbury House Apts - Monticello is typically 30% of household income or less.
What size apartments are available at Canterbury House Apts - Monticello?+
Canterbury House Apts - Monticello offers the following unit types: 8 One-Bedroom, 30 Two-Bedroom, 22 Three-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in White County, IN?+
For a 4-person household in White County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,800, Low Income (80% AMI): $54,100. These limits are set by HUD and updated annually.
Who manages Canterbury House Apts - Monticello?+
Canterbury House Apts - Monticello is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Monticello, IN?+
Based on Fair Market Rent for White County, the estimated price range is: 1-bedroom: $683, 2-bedroom: $897, 3-bedroom: $1085. Actual rent at Canterbury House Apts - Monticello may be lower for income-eligible households.
How do I apply for housing at Canterbury House Apts - Monticello?+
Canterbury House Apts - Monticello 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
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Nearby Schools
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