About This Property
Oakwood Apts comprises 65 low-income units in Milford, Ohio, featuring a unit mix of 48 three-bedroom and 17 four-bedroom apartments. The property has been in service since 2001 and utilizes 4% Low-Income Housing Tax Credits. Financing for the development includes tax-exempt bonds.
Property Details
Fair Market Rent - Clermont 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 | $810 |
| 1 Bedroom | $919 |
| 2 Bedroom | $1,195 |
| 3 Bedroom | $1,588 |
| 4 Bedroom | $1,766 |
Income Limits - Clermont County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,950
- Very Low (50%)
- $29,900
- Low (80%)
- $47,850
- Extremely Low (30%)
- $20,500
- Very Low (50%)
- $34,200
- Low (80%)
- $54,650
- Extremely Low (30%)
- $23,050
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,550
- Low (80%)
- $79,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,950
- Low (80%)
- $84,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,400
- Low (80%)
- $90,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,950 | $29,900 | $47,850 |
| 2 Persons | $20,500 | $34,200 | $54,650 |
| 3 Persons | $23,050 | $38,450 | $61,500 |
| 4 Persons | $26,500 | $42,700 | $68,300 |
| 5 Persons | $31,040 | $46,150 | $73,800 |
| 6 Persons | $35,580 | $49,550 | $79,250 |
| 7 Persons | $40,120 | $52,950 | $84,700 |
| 8 Persons | $44,660 | $56,400 | $90,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milford, OH?+
The Fair Market Rent (FMR) for Clermont County, OH is: $810 (Studio), $919 (1BR), $1195 (2BR), $1588 (3BR), $1766 (4BR). Actual rent at subsidized properties like Oakwood Apts is typically 30% of household income or less.
What size apartments are available at Oakwood Apts?+
Oakwood Apts offers the following unit types: 48 Three-Bedroom, 17 Four-Bedroom units, for a total of 65 units.
Who manages Oakwood Apts?+
Oakwood Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Clermont County, OH?+
For a 4-person household in Clermont County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,700, Low Income (80% AMI): $68,300. These limits are set by HUD and updated annually.
How do I apply for housing at Oakwood Apts?+
Oakwood 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 Milford, OH?+
Based on Fair Market Rent for Clermont County, the estimated price range is: 3-bedroom: $1588. Actual rent at Oakwood Apts may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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