About This Property
Stratford Place Adrian comprises 60 low-income rental units in Adrian, Michigan, with a mix of 30 one-bedroom and 30 two-bedroom apartments. The property was placed in service in 2001 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The community serves households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Lenawee County, MI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $729 |
| 1 Bedroom | $809 |
| 2 Bedroom | $1,023 |
| 3 Bedroom | $1,355 |
| 4 Bedroom | $1,546 |
Income Limits - Lenawee County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,550
- Low (80%)
- $37,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,000
- Low (80%)
- $62,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,700
- Low (80%)
- $66,650
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $44,400
- Low (80%)
- $70,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,550 | $37,650 |
| 2 Persons | $17,420 | $26,900 | $43,000 |
| 3 Persons | $21,960 | $30,250 | $48,400 |
| 4 Persons | $26,500 | $33,600 | $53,750 |
| 5 Persons | $31,040 | $36,300 | $58,050 |
| 6 Persons | $35,580 | $39,000 | $62,350 |
| 7 Persons | $40,120 | $41,700 | $66,650 |
| 8 Persons | $44,400 | $44,400 | $70,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Adrian, MI?+
The Fair Market Rent (FMR) for Lenawee County, MI is: $729 (Studio), $809 (1BR), $1023 (2BR), $1355 (3BR), $1546 (4BR). Actual rent at subsidized properties like Stratford Place Adrian is typically 30% of household income or less.
What size apartments are available at Stratford Place Adrian?+
Stratford Place Adrian offers the following unit types: 30 One-Bedroom, 30 Two-Bedroom units, for a total of 60 units.
Who manages Stratford Place Adrian?+
Stratford Place Adrian is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Stratford Place Adrian?+
Stratford Place Adrian 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 are the income limits for affordable housing in Lenawee County, MI?+
For a 4-person household in Lenawee County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,600, Low Income (80% AMI): $53,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Adrian, MI?+
Based on Fair Market Rent for Lenawee County, the estimated price range is: 1-bedroom: $809, 2-bedroom: $1023. Actual rent at Stratford Place Adrian may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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