About This Property
Creekwood Apts comprises 42 units in Lexington, MS, with 41 designated as low-income housing serving families and individuals with disabilities. The property, which entered service in 1999, offers a mix of one-, two-, and three-bedroom floor plans, with 30 units featuring two bedrooms. The community operates under 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Holmes County, MS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $704 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,203 |
Income Limits - Holmes County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,600
- Low (80%)
- $29,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,250
- Low (80%)
- $34,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $30,800
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,600 | $29,750 |
| 2 Persons | $17,420 | $21,250 | $34,000 |
| 3 Persons | $21,960 | $23,900 | $38,250 |
| 4 Persons | $26,500 | $26,550 | $42,500 |
| 5 Persons | $28,700 | $28,700 | $45,900 |
| 6 Persons | $30,800 | $30,800 | $49,300 |
| 7 Persons | $32,950 | $32,950 | $52,700 |
| 8 Persons | $35,050 | $35,050 | $56,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lexington, MS?+
The Fair Market Rent (FMR) for Holmes County, MS is: $704 (Studio), $804 (1BR), $903 (2BR), $1198 (3BR), $1203 (4BR). Actual rent at subsidized properties like Creekwood Apts is typically 30% of household income or less.
What size apartments are available at Creekwood Apts?+
Creekwood Apts offers the following unit types: 6 One-Bedroom, 30 Two-Bedroom, 6 Three-Bedroom units, for a total of 42 units.
Who manages Creekwood Apts?+
Creekwood Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Creekwood Apts?+
Creekwood 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.
How do I apply for housing at Creekwood Apts?+
Creekwood 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 Lexington, MS?+
Based on Fair Market Rent for Holmes County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $903, 3-bedroom: $1198. Actual rent at Creekwood Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Holmes County, MS?+
For a 4-person household in Holmes County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,550, Low Income (80% AMI): $42,500. These limits are set by HUD and updated annually.