About This Property
Sterling Park offers 32 low-income units in Perkins, Oklahoma, serving families and disabled residents. The property includes four 1-bedroom, sixteen 2-bedroom, and twelve 3-bedroom apartments and has been in service since 2006. Financing through HOME funds and 9% LIHTC credits supports this non-profit owned community.
Property Details
Fair Market Rent - Payne 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 | $744 |
| 1 Bedroom | $803 |
| 2 Bedroom | $976 |
| 3 Bedroom | $1,375 |
| 4 Bedroom | $1,521 |
Income Limits - Payne County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,750
- Very Low (50%)
- $22,900
- Low (80%)
- $36,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,150
- Low (80%)
- $41,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,400
- Low (80%)
- $47,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,300
- Low (80%)
- $56,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,500
- Low (80%)
- $64,750
- Extremely Low (30%)
- $43,100
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,750 | $22,900 | $36,550 |
| 2 Persons | $17,420 | $26,150 | $41,800 |
| 3 Persons | $21,960 | $29,400 | $47,000 |
| 4 Persons | $26,500 | $32,650 | $52,200 |
| 5 Persons | $31,040 | $35,300 | $56,400 |
| 6 Persons | $35,580 | $37,900 | $60,600 |
| 7 Persons | $40,120 | $40,500 | $64,750 |
| 8 Persons | $43,100 | $43,100 | $68,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Perkins, OK?+
The Fair Market Rent (FMR) for Payne County, OK is: $744 (Studio), $803 (1BR), $976 (2BR), $1375 (3BR), $1521 (4BR). Actual rent at subsidized properties like Sterling Park is typically 30% of household income or less.
What size apartments are available at Sterling Park?+
Sterling Park offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 12 Three-Bedroom units, for a total of 32 units.
What is the price range for apartments in Perkins, OK?+
Based on Fair Market Rent for Payne County, the estimated price range is: 1-bedroom: $803, 2-bedroom: $976, 3-bedroom: $1375. Actual rent at Sterling Park may be lower for income-eligible households.
Who is eligible to live at Sterling Park?+
Sterling Park primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Sterling Park?+
Sterling Park is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 manages Sterling Park?+
Sterling Park is managed by . You can reach them at .
What are the income limits for affordable housing in Payne County, OK?+
For a 4-person household in Payne County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,650, Low Income (80% AMI): $52,200. 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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