About This Property
Red Oaks Apartments comprises 38 low-income units in Camden, Tennessee, and has been in service since 2016. The property serves elderly residents with a unit mix of 32 one-bedroom and 6 two-bedroom apartments. For more information, interested parties may contact the property management office.
Property Details
Fair Market Rent - Benton County, TN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $651 |
| 1 Bedroom | $655 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,062 |
| 4 Bedroom | $1,461 |
Income Limits - Benton County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Camden, TN?+
The Fair Market Rent (FMR) for Benton County, TN is: $651 (Studio), $655 (1BR), $861 (2BR), $1062 (3BR), $1461 (4BR). Actual rent at subsidized properties like Red Oaks Apartments is typically 30% of household income or less.
What size apartments are available at Red Oaks Apartments?+
Red Oaks Apartments offers the following unit types: 32 One-Bedroom, 6 Two-Bedroom units, for a total of 38 units.
What are the income limits for affordable housing in Benton County, TN?+
For a 4-person household in Benton County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Camden, TN?+
Based on Fair Market Rent for Benton County, the estimated price range is: 1-bedroom: $655, 2-bedroom: $861. Actual rent at Red Oaks Apartments may be lower for income-eligible households.
Who is eligible to live at Red Oaks Apartments?+
Red Oaks Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Red Oaks Apartments?+
Red Oaks Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Red Oaks Apartments?+
Red Oaks Apartments 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.
Walk Score
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Nearby Schools
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