About This Property
Larkspur Village Development comprises 60 low-income housing units in Durant, Oklahoma, serving elderly residents with a mix of 24 one-bedroom and 36 two-bedroom apartments. The property has been in service since 2007 and is owned and operated by a non-profit organization. Funding sources include HOME funds and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Bryan 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 | $714 |
| 1 Bedroom | $718 |
| 2 Bedroom | $944 |
| 3 Bedroom | $1,259 |
| 4 Bedroom | $1,414 |
Income Limits - Bryan County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,800
- Low (80%)
- $33,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,700
- Low (80%)
- $42,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,050
- Low (80%)
- $51,250
- Extremely Low (30%)
- $34,400
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $36,800
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,150
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,800 | $33,250 |
| 2 Persons | $17,420 | $23,750 | $38,000 |
| 3 Persons | $21,960 | $26,700 | $42,750 |
| 4 Persons | $26,500 | $29,650 | $47,450 |
| 5 Persons | $31,040 | $32,050 | $51,250 |
| 6 Persons | $34,400 | $34,400 | $55,050 |
| 7 Persons | $36,800 | $36,800 | $58,850 |
| 8 Persons | $39,150 | $39,150 | $62,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durant, OK?+
The Fair Market Rent (FMR) for Bryan County, OK is: $714 (Studio), $718 (1BR), $944 (2BR), $1259 (3BR), $1414 (4BR). Actual rent at subsidized properties like Larkspur Village Development is typically 30% of household income or less.
What size apartments are available at Larkspur Village Development?+
Larkspur Village Development offers the following unit types: 24 One-Bedroom, 36 Two-Bedroom units, for a total of 60 units.
Who is eligible to live at Larkspur Village Development?+
Larkspur Village Development 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 Bryan County, OK?+
For a 4-person household in Bryan County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,650, Low Income (80% AMI): $47,450. These limits are set by HUD and updated annually.
How do I apply for housing at Larkspur Village Development?+
Larkspur Village Development 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 Larkspur Village Development?+
Larkspur Village Development is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Durant, OK?+
Based on Fair Market Rent for Bryan County, the estimated price range is: 1-bedroom: $718, 2-bedroom: $944. Actual rent at Larkspur Village Development may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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