About This Property
Wellston Village Apts comprises 14 low-income units in Wellston, Oklahoma, with a mix of one, two, and three-bedroom floor plans. The property has been in service since 1997 and receives 4% Low-Income Housing Tax Credit financing. The unit breakdown includes four one-bedroom, eight two-bedroom, and two three-bedroom apartments.
Property Details
Fair Market Rent - Lincoln 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 | $766 |
| 1 Bedroom | $771 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,197 |
| 4 Bedroom | $1,201 |
Income Limits - Lincoln County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,500
- Very Low (50%)
- $22,500
- Low (80%)
- $35,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,700
- Low (80%)
- $41,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,900
- Low (80%)
- $46,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,700
- Low (80%)
- $55,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $39,850
- Very Low (50%)
- $39,850
- Low (80%)
- $63,700
- Extremely Low (30%)
- $42,400
- Very Low (50%)
- $42,400
- Low (80%)
- $67,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,500 | $22,500 | $35,950 |
| 2 Persons | $17,420 | $25,700 | $41,100 |
| 3 Persons | $21,960 | $28,900 | $46,250 |
| 4 Persons | $26,500 | $32,100 | $51,350 |
| 5 Persons | $31,040 | $34,700 | $55,500 |
| 6 Persons | $35,580 | $37,250 | $59,600 |
| 7 Persons | $39,850 | $39,850 | $63,700 |
| 8 Persons | $42,400 | $42,400 | $67,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wellston, OK?+
The Fair Market Rent (FMR) for Lincoln County, OK is: $766 (Studio), $771 (1BR), $891 (2BR), $1197 (3BR), $1201 (4BR). Actual rent at subsidized properties like Wellston Village Apts is typically 30% of household income or less.
What size apartments are available at Wellston Village Apts?+
Wellston Village Apts offers the following unit types: 4 One-Bedroom, 8 Two-Bedroom, 2 Three-Bedroom units, for a total of 14 units.
How do I apply for housing at Wellston Village Apts?+
Wellston 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.
What are the income limits for affordable housing in Lincoln County, OK?+
For a 4-person household in Lincoln County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,100, Low Income (80% AMI): $51,350. These limits are set by HUD and updated annually.
Who manages Wellston Village Apts?+
Wellston Village Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Wellston, OK?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 1-bedroom: $771, 2-bedroom: $891, 3-bedroom: $1197. Actual rent at Wellston Village Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.