About This Property
Settlers Ridge Apts is a 64-unit affordable housing community in Urbana, Ohio that has served residents since 1996. The property offers a mix of one-, two-, and three-bedroom units designed for low-income households and is owned and operated as a non-profit with HOME program funding. The community consists of 4 one-bedroom, 52 two-bedroom, and 8 three-bedroom units.
Property Details
Fair Market Rent - Champaign 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 | $676 |
| 1 Bedroom | $694 |
| 2 Bedroom | $879 |
| 3 Bedroom | $1,170 |
| 4 Bedroom | $1,262 |
Income Limits - Champaign County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,150
- Low (80%)
- $56,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,400 |
| 2 Persons | $17,420 | $28,150 | $45,000 |
| 3 Persons | $21,960 | $31,650 | $50,650 |
| 4 Persons | $26,500 | $35,150 | $56,250 |
| 5 Persons | $31,040 | $38,000 | $60,750 |
| 6 Persons | $35,580 | $40,800 | $65,250 |
| 7 Persons | $40,120 | $43,600 | $69,750 |
| 8 Persons | $44,660 | $46,400 | $74,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Urbana, OH?+
The Fair Market Rent (FMR) for Champaign County, OH is: $676 (Studio), $694 (1BR), $879 (2BR), $1170 (3BR), $1262 (4BR). Actual rent at subsidized properties like Settlers Ridge Apts is typically 30% of household income or less.
What size apartments are available at Settlers Ridge Apts?+
Settlers Ridge Apts offers the following unit types: 4 One-Bedroom, 52 Two-Bedroom, 8 Three-Bedroom units, for a total of 64 units.
What are the income limits for affordable housing in Champaign County, OH?+
For a 4-person household in Champaign County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.
How do I apply for housing at Settlers Ridge Apts?+
Settlers Ridge 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 Urbana, OH?+
Based on Fair Market Rent for Champaign County, the estimated price range is: 1-bedroom: $694, 2-bedroom: $879, 3-bedroom: $1170. Actual rent at Settlers Ridge Apts may be lower for income-eligible households.
Who manages Settlers Ridge Apts?+
Settlers Ridge Apts is managed by . You can reach them at . Visit their website for more 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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