About This Property
Cottage Park Phase I comprises 38 low-income units designed to serve elderly residents in Midwest City, Oklahoma County. The property includes 18 one-bedroom and 20 two-bedroom units and has been in service since 2009.
Property Details
Fair Market Rent - Oklahoma 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 | $824 |
| 1 Bedroom | $884 |
| 2 Bedroom | $1,091 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,605 |
Income Limits - Oklahoma County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,650
- Low (80%)
- $41,000
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,600
- Low (80%)
- $58,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,500
- Low (80%)
- $67,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,350
- Low (80%)
- $77,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,650 | $41,000 |
| 2 Persons | $17,600 | $29,300 | $46,850 |
| 3 Persons | $21,960 | $32,950 | $52,700 |
| 4 Persons | $26,500 | $36,600 | $58,550 |
| 5 Persons | $31,040 | $39,550 | $63,250 |
| 6 Persons | $35,580 | $42,500 | $67,950 |
| 7 Persons | $40,120 | $45,400 | $72,650 |
| 8 Persons | $44,660 | $48,350 | $77,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Midwest City, OK?+
The Fair Market Rent (FMR) for Oklahoma County, OK is: $824 (Studio), $884 (1BR), $1091 (2BR), $1454 (3BR), $1605 (4BR). Actual rent at subsidized properties like Cottage Park Phase I is typically 30% of household income or less.
What size apartments are available at Cottage Park Phase I?+
Cottage Park Phase I offers the following unit types: 18 One-Bedroom, 20 Two-Bedroom units, for a total of 38 units.
Who manages Cottage Park Phase I?+
Cottage Park Phase I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cottage Park Phase I?+
Cottage Park Phase I 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 is eligible to live at Cottage Park Phase I?+
Cottage Park Phase I primarily serves elderly residents. 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 Oklahoma County, OK?+
For a 4-person household in Oklahoma County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,600, Low Income (80% AMI): $58,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Midwest City, OK?+
Based on Fair Market Rent for Oklahoma County, the estimated price range is: 1-bedroom: $884, 2-bedroom: $1091. Actual rent at Cottage Park Phase I 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.
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