About This Property
Park Lane Apts contains 24 low-income residential units in Marlow, Oklahoma, with a mix of two-bedroom, three-bedroom, and four-bedroom floor plans. The property has been in service since 2001 and offers 12 two-bedroom units, 8 three-bedroom units, and 4 four-bedroom units.
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 Marlow, 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 Park Lane Apts is typically 30% of household income or less.
What size apartments are available at Park Lane Apts?+
Park Lane Apts offers the following unit types: 12 Two-Bedroom, 8 Three-Bedroom, 4 Four-Bedroom units, for a total of 24 units.
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 Park Lane Apts?+
Park Lane Apts 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 Park Lane Apts?+
Park Lane Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Marlow, OK?+
Based on Fair Market Rent for Stephens County, the estimated price range is: 2-bedroom: $891, 3-bedroom: $1256. Actual rent at Park Lane Apts may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.