About This Property
Legacy Senior Residences offers 42 low-income units in Duncan, Oklahoma, serving elderly residents with a mix of 14 one-bedroom and 28 two-bedroom apartments. The property has been in service since 2017 and operates under 9% Low-Income Housing Tax Credit funding. This multifamily community is managed to provide affordable housing options for seniors in Stephens County.
Property Details
Fair Market Rent - Stephens 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 | $734 |
| 1 Bedroom | $739 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,256 |
| 4 Bedroom | $1,437 |
Income Limits - Stephens County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,900
- Very Low (50%)
- $21,500
- Low (80%)
- $34,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,550
- Low (80%)
- $39,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,650
- Low (80%)
- $49,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,150
- Low (80%)
- $53,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $35,600
- Low (80%)
- $56,900
- Extremely Low (30%)
- $38,050
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $40,500
- Very Low (50%)
- $40,500
- Low (80%)
- $64,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,900 | $21,500 | $34,350 |
| 2 Persons | $17,420 | $24,550 | $39,250 |
| 3 Persons | $21,960 | $27,600 | $44,150 |
| 4 Persons | $26,500 | $30,650 | $49,050 |
| 5 Persons | $31,040 | $33,150 | $53,000 |
| 6 Persons | $35,580 | $35,600 | $56,900 |
| 7 Persons | $38,050 | $38,050 | $60,850 |
| 8 Persons | $40,500 | $40,500 | $64,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Duncan, OK?+
The Fair Market Rent (FMR) for Stephens County, OK is: $734 (Studio), $739 (1BR), $891 (2BR), $1256 (3BR), $1437 (4BR). Actual rent at subsidized properties like Legacy Senior Residences is typically 30% of household income or less.
What size apartments are available at Legacy Senior Residences?+
Legacy Senior Residences offers the following unit types: 14 One-Bedroom, 28 Two-Bedroom units, for a total of 42 units.
What is the price range for apartments in Duncan, OK?+
Based on Fair Market Rent for Stephens County, the estimated price range is: 1-bedroom: $739, 2-bedroom: $891. Actual rent at Legacy Senior Residences may be lower for income-eligible households.
What are the income limits for affordable housing in Stephens County, OK?+
For a 4-person household in Stephens County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,650, Low Income (80% AMI): $49,050. These limits are set by HUD and updated annually.
How do I apply for housing at Legacy Senior Residences?+
Legacy Senior Residences 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 Legacy Senior Residences?+
Legacy Senior Residences is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Legacy Senior Residences?+
Legacy Senior Residences primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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