About This Property
Ardmore Affordable Housing comprises 45 three-bedroom units serving low-income residents, including those with disabilities, in Ardmore, Oklahoma. The property has been in service since 2011 and utilizes 4% Low-Income Housing Tax Credits to support its operations. The development is managed to provide affordable housing options in Carter County.
Property Details
Fair Market Rent - Carter 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 | $743 |
| 1 Bedroom | $748 |
| 2 Bedroom | $983 |
| 3 Bedroom | $1,232 |
| 4 Bedroom | $1,474 |
Income Limits - Carter County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,150
- Very Low (50%)
- $21,900
- Low (80%)
- $35,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,000
- Low (80%)
- $40,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,250
- Low (80%)
- $50,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,250
- Low (80%)
- $58,000
- Extremely Low (30%)
- $38,750
- Very Low (50%)
- $38,750
- Low (80%)
- $62,000
- Extremely Low (30%)
- $41,250
- Very Low (50%)
- $41,250
- Low (80%)
- $66,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,150 | $21,900 | $35,000 |
| 2 Persons | $17,420 | $25,000 | $40,000 |
| 3 Persons | $21,960 | $28,150 | $45,000 |
| 4 Persons | $26,500 | $31,250 | $50,000 |
| 5 Persons | $31,040 | $33,750 | $54,000 |
| 6 Persons | $35,580 | $36,250 | $58,000 |
| 7 Persons | $38,750 | $38,750 | $62,000 |
| 8 Persons | $41,250 | $41,250 | $66,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ardmore, OK?+
The Fair Market Rent (FMR) for Carter County, OK is: $743 (Studio), $748 (1BR), $983 (2BR), $1232 (3BR), $1474 (4BR). Actual rent at subsidized properties like Ardmore Affordable Housing is typically 30% of household income or less.
What size apartments are available at Ardmore Affordable Housing?+
Ardmore Affordable Housing offers the following unit types: 45 Three-Bedroom units, for a total of 45 units.
Who is eligible to live at Ardmore Affordable Housing?+
Ardmore Affordable Housing primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Ardmore Affordable Housing?+
Ardmore Affordable Housing 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 Ardmore Affordable Housing?+
Ardmore Affordable Housing is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Carter County, OK?+
For a 4-person household in Carter County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,250, Low Income (80% AMI): $50,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Ardmore, OK?+
Based on Fair Market Rent for Carter County, the estimated price range is: 3-bedroom: $1232. Actual rent at Ardmore Affordable Housing may be lower for income-eligible households.
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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