About This Property
Homestead Estates Apts offers 24 units in Norwalk, OH, with 20 designated as low-income housing. The property includes eight 1-bedroom and sixteen 2-bedroom units and has been in service since 2003. The apartments are financed through 4% Low-Income Housing Tax Credits and operated by a non-profit owner.
Property Details
Fair Market Rent - Huron 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 | $650 |
| 1 Bedroom | $665 |
| 2 Bedroom | $874 |
| 3 Bedroom | $1,115 |
| 4 Bedroom | $1,284 |
Income Limits - Huron County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Norwalk, OH?+
The Fair Market Rent (FMR) for Huron County, OH is: $650 (Studio), $665 (1BR), $874 (2BR), $1115 (3BR), $1284 (4BR). Actual rent at subsidized properties like Homestead Estates Apts is typically 30% of household income or less.
What size apartments are available at Homestead Estates Apts?+
Homestead Estates Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Norwalk, OH?+
Based on Fair Market Rent for Huron County, the estimated price range is: 1-bedroom: $665, 2-bedroom: $874. Actual rent at Homestead Estates Apts may be lower for income-eligible households.
How do I apply for housing at Homestead Estates Apts?+
Homestead Estates 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 are the income limits for affordable housing in Huron County, OH?+
For a 4-person household in Huron County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
Who manages Homestead Estates Apts?+
Homestead Estates 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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