About This Property
Morrison Village comprises 12 residential units in Morrison, Oklahoma, with 11 units designated for low-income households. The property, which has been in service since 2001, includes one 1-bedroom, seven 2-bedroom, and four 3-bedroom units and is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Noble 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 | $677 |
| 1 Bedroom | $794 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,256 |
| 4 Bedroom | $1,512 |
Income Limits - Noble County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,350
- Very Low (50%)
- $23,900
- Low (80%)
- $38,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,100
- Low (80%)
- $54,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,050
- Low (80%)
- $72,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,350 | $23,900 | $38,200 |
| 2 Persons | $17,420 | $27,300 | $43,650 |
| 3 Persons | $21,960 | $30,700 | $49,100 |
| 4 Persons | $26,500 | $34,100 | $54,550 |
| 5 Persons | $31,040 | $36,850 | $58,950 |
| 6 Persons | $35,580 | $39,600 | $63,300 |
| 7 Persons | $40,120 | $42,300 | $67,650 |
| 8 Persons | $44,660 | $45,050 | $72,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Morrison, OK?+
The Fair Market Rent (FMR) for Noble County, OK is: $677 (Studio), $794 (1BR), $891 (2BR), $1256 (3BR), $1512 (4BR). Actual rent at subsidized properties like Morrison Village is typically 30% of household income or less.
What size apartments are available at Morrison Village?+
Morrison Village offers the following unit types: 1 One-Bedroom, 7 Two-Bedroom, 4 Three-Bedroom units, for a total of 12 units.
Who manages Morrison Village?+
Morrison Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Noble County, OK?+
For a 4-person household in Noble County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,100, Low Income (80% AMI): $54,550. These limits are set by HUD and updated annually.
How do I apply for housing at Morrison Village?+
Morrison Village 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 Morrison, OK?+
Based on Fair Market Rent for Noble County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $891, 3-bedroom: $1256. Actual rent at Morrison Village 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.