About This Property
Lawrence Village Apts provides 70 low-income units in South Point, OH, with a mix of one-, two-, three-, and four-bedroom floor plans. The property includes 8 one-bedroom units, 42 two-bedroom units, 15 three-bedroom units, and 5 four-bedroom units. The development is funded through the HOME program.
Property Details
Fair Market Rent - Lawrence 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 | $793 |
| 1 Bedroom | $815 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,431 |
Income Limits - Lawrence County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,050
- Very Low (50%)
- $21,700
- Low (80%)
- $34,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,000
- Low (80%)
- $57,550
- Extremely Low (30%)
- $38,450
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,950
- Very Low (50%)
- $40,950
- Low (80%)
- $65,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,050 | $21,700 | $34,750 |
| 2 Persons | $17,420 | $24,800 | $39,700 |
| 3 Persons | $21,960 | $27,900 | $44,650 |
| 4 Persons | $26,500 | $31,000 | $49,600 |
| 5 Persons | $31,040 | $33,500 | $53,600 |
| 6 Persons | $35,580 | $36,000 | $57,550 |
| 7 Persons | $38,450 | $38,450 | $61,550 |
| 8 Persons | $40,950 | $40,950 | $65,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in South Point, OH?+
The Fair Market Rent (FMR) for Lawrence County, OH is: $793 (Studio), $815 (1BR), $938 (2BR), $1236 (3BR), $1431 (4BR). Actual rent at subsidized properties like Lawrence Village Apts is typically 30% of household income or less.
What size apartments are available at Lawrence Village Apts?+
Lawrence Village Apts offers the following unit types: 8 One-Bedroom, 42 Two-Bedroom, 15 Three-Bedroom, 5 Four-Bedroom units, for a total of 70 units.
Who manages Lawrence Village Apts?+
Lawrence Village Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in South Point, OH?+
Based on Fair Market Rent for Lawrence County, the estimated price range is: 1-bedroom: $815, 2-bedroom: $938, 3-bedroom: $1236. Actual rent at Lawrence Village Apts may be lower for income-eligible households.
How do I apply for housing at Lawrence Village Apts?+
Lawrence Village 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 Lawrence County, OH?+
For a 4-person household in Lawrence County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,000, Low Income (80% AMI): $49,600. These limits are set by HUD and updated annually.