About This Property
South Urbana Retirement contains 36 one-bedroom units designated for low-income households in Urbana, Ohio. The property has been in service since 1995 and receives 9% Low-Income Housing Tax Credit funding. Management and leasing information are available upon request.
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 South Urbana Retirement is typically 30% of household income or less.
What size apartments are available at South Urbana Retirement?+
South Urbana Retirement offers the following unit types: 36 One-Bedroom units, for a total of 36 units.
How do I apply for housing at South Urbana Retirement?+
South Urbana Retirement 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. Actual rent at South Urbana Retirement may be lower for income-eligible households.
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.
Who manages South Urbana Retirement?+
South Urbana Retirement 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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