About This Property
Stone Ridge Village comprises 40 two-bedroom units in Louisville, OH, and serves elderly residents through low-income affordable housing. The property has been in service since 2015 and provides housing options for qualified applicants in Stark County.
Property Details
Fair Market Rent - Stark 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 | $613 |
| 1 Bedroom | $690 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,134 |
| 4 Bedroom | $1,205 |
Income Limits - Stark County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,750
- Low (80%)
- $68,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,600 |
| 2 Persons | $17,420 | $27,600 | $44,100 |
| 3 Persons | $21,960 | $31,050 | $49,600 |
| 4 Persons | $26,500 | $34,450 | $55,100 |
| 5 Persons | $31,040 | $37,250 | $59,550 |
| 6 Persons | $35,580 | $40,000 | $63,950 |
| 7 Persons | $40,120 | $42,750 | $68,350 |
| 8 Persons | $44,660 | $45,500 | $72,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Louisville, OH?+
The Fair Market Rent (FMR) for Stark County, OH is: $613 (Studio), $690 (1BR), $905 (2BR), $1134 (3BR), $1205 (4BR). Actual rent at subsidized properties like Stone Ridge Village is typically 30% of household income or less.
What size apartments are available at Stone Ridge Village?+
Stone Ridge Village offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at Stone Ridge Village?+
Stone Ridge Village 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 is the price range for apartments in Louisville, OH?+
Based on Fair Market Rent for Stark County, the estimated price range is: 2-bedroom: $905. Actual rent at Stone Ridge Village may be lower for income-eligible households.
Who manages Stone Ridge Village?+
Stone Ridge Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Stark County, OH?+
For a 4-person household in Stark County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,450, Low Income (80% AMI): $55,100. These limits are set by HUD and updated annually.
Who is eligible to live at Stone Ridge Village?+
Stone Ridge Village primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
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