About This Property
Indian Lake Villa provides 50 one-bedroom units for elderly residents in Russells Point, Ohio. The property has been in service since 2016 and serves low-income households in Logan County.
Property Details
Fair Market Rent - Logan 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 | $655 |
| 2 Bedroom | $860 |
| 3 Bedroom | $1,100 |
| 4 Bedroom | $1,168 |
Income Limits - Logan County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,600
- Low (80%)
- $45,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,350
- Low (80%)
- $70,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,050 | $40,050 |
| 2 Persons | $17,420 | $28,600 | $45,800 |
| 3 Persons | $21,960 | $32,200 | $51,500 |
| 4 Persons | $26,500 | $35,750 | $57,200 |
| 5 Persons | $31,040 | $38,650 | $61,800 |
| 6 Persons | $35,580 | $41,500 | $66,400 |
| 7 Persons | $40,120 | $44,350 | $70,950 |
| 8 Persons | $44,660 | $47,200 | $75,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Russells Point, OH?+
The Fair Market Rent (FMR) for Logan County, OH is: $639 (Studio), $655 (1BR), $860 (2BR), $1100 (3BR), $1168 (4BR). Actual rent at subsidized properties like Indian Lake Villa is typically 30% of household income or less.
What size apartments are available at Indian Lake Villa?+
Indian Lake Villa offers the following unit types: 50 One-Bedroom units, for a total of 50 units.
What is the price range for apartments in Russells Point, OH?+
Based on Fair Market Rent for Logan County, the estimated price range is: 1-bedroom: $655. Actual rent at Indian Lake Villa may be lower for income-eligible households.
How do I apply for housing at Indian Lake Villa?+
Indian Lake Villa 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.
Who manages Indian Lake Villa?+
Indian Lake Villa is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Indian Lake Villa?+
Indian Lake Villa primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Logan County, OH?+
For a 4-person household in Logan County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,750, Low Income (80% AMI): $57,200. These limits are set by HUD and updated annually.
Contact 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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