About This Property
Albany Arms Apts contains 46 low-income units comprising 14 one-bedroom and 32 two-bedroom apartments in Albany, Ohio. The property has been in service since 2006 and is non-profit owned.
Property Details
Fair Market Rent - Athens County, OH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $804 |
| 1 Bedroom | $809 |
| 2 Bedroom | $983 |
| 3 Bedroom | $1,189 |
| 4 Bedroom | $1,491 |
Income Limits - Athens County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,100
- Very Low (50%)
- $23,450
- Low (80%)
- $37,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,550
- Low (80%)
- $66,500
- Extremely Low (30%)
- $44,250
- Very Low (50%)
- $44,250
- Low (80%)
- $70,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,100 | $23,450 | $37,550 |
| 2 Persons | $17,420 | $26,800 | $42,900 |
| 3 Persons | $21,960 | $30,150 | $48,250 |
| 4 Persons | $26,500 | $33,500 | $53,600 |
| 5 Persons | $31,040 | $36,200 | $57,900 |
| 6 Persons | $35,580 | $38,900 | $62,200 |
| 7 Persons | $40,120 | $41,550 | $66,500 |
| 8 Persons | $44,250 | $44,250 | $70,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albany, OH?+
The Fair Market Rent (FMR) for Athens County, OH is: $804 (Studio), $809 (1BR), $983 (2BR), $1189 (3BR), $1491 (4BR). Actual rent at subsidized properties like Albany Arms Apts is typically 30% of household income or less.
What size apartments are available at Albany Arms Apts?+
Albany Arms Apts offers the following unit types: 14 One-Bedroom, 32 Two-Bedroom units, for a total of 46 units.
How do I apply for housing at Albany Arms Apts?+
Albany Arms 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.
Who manages Albany Arms Apts?+
Albany Arms Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Albany, OH?+
Based on Fair Market Rent for Athens County, the estimated price range is: 1-bedroom: $809, 2-bedroom: $983. Actual rent at Albany Arms Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Athens County, OH?+
For a 4-person household in Athens County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,500, Low Income (80% AMI): $53,600. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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