About This Property
Karen Apts provides 28 low-income residential units in Oak Hill, Ohio, consisting of eight 1-bedroom and twenty 2-bedroom apartments. The property has been in service since 1995 and currently utilizes 4% Low-Income Housing Tax Credits to support its affordable housing mission. Prospective tenants or investors can contact the property management for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Jackson 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 | $639 |
| 1 Bedroom | $666 |
| 2 Bedroom | $860 |
| 3 Bedroom | $1,190 |
| 4 Bedroom | $1,378 |
Income Limits - Jackson 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oak Hill, OH?+
The Fair Market Rent (FMR) for Jackson County, OH is: $639 (Studio), $666 (1BR), $860 (2BR), $1190 (3BR), $1378 (4BR). Actual rent at subsidized properties like Karen Apts is typically 30% of household income or less.
What size apartments are available at Karen Apts?+
Karen Apts offers the following unit types: 8 One-Bedroom, 20 Two-Bedroom units, for a total of 28 units.
What is the price range for apartments in Oak Hill, OH?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $666, 2-bedroom: $860. Actual rent at Karen Apts may be lower for income-eligible households.
Who manages Karen Apts?+
Karen Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Karen Apts?+
Karen 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 Jackson County, OH?+
For a 4-person household in Jackson 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
