About This Property
Serenity Park II comprises 12 low-income rental units in Ardmore, Oklahoma, serving families in Carter County. The property includes three 2-bedroom units and was placed in service in 2018 with 9% Low-Income Housing Tax Credit financing. A property manager oversees day-to-day operations at this multifamily community.
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 Serenity Park Ii is typically 30% of household income or less.
What size apartments are available at Serenity Park Ii?+
Serenity Park Ii offers the following unit types: 3 Two-Bedroom units, for a total of 12 units.
How do I apply for housing at Serenity Park Ii?+
Serenity Park Ii 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 Ardmore, OK?+
Based on Fair Market Rent for Carter County, the estimated price range is: 2-bedroom: $983. Actual rent at Serenity Park Ii may be lower for income-eligible households.
Who manages Serenity Park Ii?+
Serenity Park Ii is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Serenity Park Ii?+
Serenity Park Ii primarily serves families. 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 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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