About This Property
Oakbrook Apts offers 16 low-income units in Rockwell City, Iowa, consisting of twelve 1-bedroom and four 2-bedroom apartments. The property has been in service since 1999 and utilizes 4% Low-Income Housing Tax Credits to serve families and disabled residents. The community is managed by a professional management team committed to maintaining affordable housing in Calhoun County.
Property Details
Fair Market Rent - Calhoun County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $630 |
| 1 Bedroom | $695 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,112 |
| 4 Bedroom | $1,148 |
Income Limits - Calhoun County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rockwell City, IA?+
The Fair Market Rent (FMR) for Calhoun County, IA is: $630 (Studio), $695 (1BR), $862 (2BR), $1112 (3BR), $1148 (4BR). Actual rent at subsidized properties like Oakbrook Apts is typically 30% of household income or less.
What size apartments are available at Oakbrook Apts?+
Oakbrook Apts offers the following unit types: 12 One-Bedroom, 4 Two-Bedroom units, for a total of 16 units.
Who is eligible to live at Oakbrook Apts?+
Oakbrook Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Oakbrook Apts?+
Oakbrook Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Rockwell City, IA?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $695, 2-bedroom: $862. Actual rent at Oakbrook Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Calhoun County, IA?+
For a 4-person household in Calhoun County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
How do I apply for housing at Oakbrook Apts?+
Oakbrook 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.
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Nearby Schools
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