About This Property
Sterling Park II comprises 40 low-income units in Perkins, Oklahoma, serving disabled residents. The property was placed in service in 2010 and remains in operation in Payne County.
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 |
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 Ii is typically 30% of household income or less.
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.
How do I apply for housing at Sterling Park Ii?+
Sterling Park Ii 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 manages Sterling Park Ii?+
Sterling Park Ii is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Sterling Park Ii?+
Sterling Park Ii primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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