About This Property
Chaparral Village Apts comprises 24 low-income rental units in Cherokee, Oklahoma, with a unit mix of four 1-bedroom, sixteen 2-bedroom, and four 3-bedroom apartments. The property has been in service since 1996 and currently operates under 4% Low-Income Housing Tax Credit financing. The community serves the Alfalfa County area with affordable housing options for residents.
Property Details
Fair Market Rent - Alfalfa County, OK
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $677 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,245 |
| 4 Bedroom | $1,512 |
Income Limits - Alfalfa County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,900
- Low (80%)
- $39,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,450
- Low (80%)
- $45,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,000
- Low (80%)
- $51,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,400
- Low (80%)
- $61,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,250
- Low (80%)
- $66,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,950
- Low (80%)
- $75,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,900 | $39,850 |
| 2 Persons | $17,420 | $28,450 | $45,550 |
| 3 Persons | $21,960 | $32,000 | $51,250 |
| 4 Persons | $26,500 | $35,550 | $56,900 |
| 5 Persons | $31,040 | $38,400 | $61,500 |
| 6 Persons | $35,580 | $41,250 | $66,050 |
| 7 Persons | $40,120 | $44,100 | $70,600 |
| 8 Persons | $44,660 | $46,950 | $75,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cherokee, OK?+
The Fair Market Rent (FMR) for Alfalfa County, OK is: $677 (Studio), $678 (1BR), $891 (2BR), $1245 (3BR), $1512 (4BR). Actual rent at subsidized properties like Chaparral Village Apts is typically 30% of household income or less.
What size apartments are available at Chaparral Village Apts?+
Chaparral Village Apts offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Alfalfa County, OK?+
For a 4-person household in Alfalfa County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,550, Low Income (80% AMI): $56,900. These limits are set by HUD and updated annually.
Who manages Chaparral Village Apts?+
Chaparral Village Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cherokee, OK?+
Based on Fair Market Rent for Alfalfa County, the estimated price range is: 1-bedroom: $678, 2-bedroom: $891, 3-bedroom: $1245. Actual rent at Chaparral Village Apts may be lower for income-eligible households.
How do I apply for housing at Chaparral Village Apts?+
Chaparral 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.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.