About This Property
Valerie Apts comprises 32 low-income rental units in New Lexington, Ohio, with a mix of eight one-bedroom and twenty-four two-bedroom apartments. The property was placed in service in 1995 and is financed through 4% Low-Income Housing Tax Credits. This Perry County community provides affordable housing options for eligible residents.
Property Details
Fair Market Rent - Perry 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 | $648 |
| 1 Bedroom | $661 |
| 2 Bedroom | $868 |
| 3 Bedroom | $1,068 |
| 4 Bedroom | $1,156 |
Income Limits - Perry 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 New Lexington, OH?+
The Fair Market Rent (FMR) for Perry County, OH is: $648 (Studio), $661 (1BR), $868 (2BR), $1068 (3BR), $1156 (4BR). Actual rent at subsidized properties like Valerie Apts is typically 30% of household income or less.
What size apartments are available at Valerie Apts?+
Valerie Apts offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Valerie Apts?+
Valerie 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.
Who manages Valerie Apts?+
Valerie Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New Lexington, OH?+
Based on Fair Market Rent for Perry County, the estimated price range is: 1-bedroom: $661, 2-bedroom: $868. Actual rent at Valerie Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Perry County, OH?+
For a 4-person household in Perry 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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