About This Property
Lakewood Apts comprises 8 two-bedroom units serving low-income households in Kaw City, Oklahoma. The property has been in service since 1995 and operates under 4% Low-Income Housing Tax Credit financing. All units are designated as affordable housing.
Property Details
Fair Market Rent - Kay 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 | $604 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,181 |
| 4 Bedroom | $1,199 |
Income Limits - Kay 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 Kaw City, OK?+
The Fair Market Rent (FMR) for Kay County, OK is: $604 (Studio), $678 (1BR), $891 (2BR), $1181 (3BR), $1199 (4BR). Actual rent at subsidized properties like Lakewood Apts is typically 30% of household income or less.
What size apartments are available at Lakewood Apts?+
Lakewood Apts offers the following unit types: 8 Two-Bedroom units, for a total of 8 units.
What are the income limits for affordable housing in Kay County, OK?+
For a 4-person household in Kay 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 Lakewood Apts?+
Lakewood 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.
What is the price range for apartments in Kaw City, OK?+
Based on Fair Market Rent for Kay County, the estimated price range is: 2-bedroom: $891. Actual rent at Lakewood Apts may be lower for income-eligible households.
Who manages Lakewood Apts?+
Lakewood Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car