About This Property
Kilmarnock Village comprises 24 low-income rental units in Kilmarnock, Virginia, consisting of eight 1-bedroom and sixteen 2-bedroom apartments. The community has been in service since 2003 and is financed through 9% Low-Income Housing Tax Credits. The property serves families seeking affordable rental housing in Lancaster County.
Property Details
Fair Market Rent - Lancaster County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $893 |
| 1 Bedroom | $898 |
| 2 Bedroom | $1,114 |
| 3 Bedroom | $1,378 |
| 4 Bedroom | $1,581 |
Income Limits - Lancaster County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,850
- Low (80%)
- $62,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,750
- Low (80%)
- $66,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,600
- Low (80%)
- $71,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,500
- Low (80%)
- $75,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,200 | $40,250 |
| 2 Persons | $17,420 | $28,800 | $46,000 |
| 3 Persons | $21,960 | $32,400 | $51,750 |
| 4 Persons | $26,500 | $35,950 | $57,500 |
| 5 Persons | $31,040 | $38,850 | $62,100 |
| 6 Persons | $35,580 | $41,750 | $66,700 |
| 7 Persons | $40,120 | $44,600 | $71,300 |
| 8 Persons | $44,660 | $47,500 | $75,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kilmarnock, VA?+
The Fair Market Rent (FMR) for Lancaster County, VA is: $893 (Studio), $898 (1BR), $1114 (2BR), $1378 (3BR), $1581 (4BR). Actual rent at subsidized properties like Kilmarnock Village is typically 30% of household income or less.
What size apartments are available at Kilmarnock Village?+
Kilmarnock Village offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Lancaster County, VA?+
For a 4-person household in Lancaster County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,950, Low Income (80% AMI): $57,500. These limits are set by HUD and updated annually.
Who is eligible to live at Kilmarnock Village?+
Kilmarnock Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Kilmarnock, VA?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $898, 2-bedroom: $1114. Actual rent at Kilmarnock Village may be lower for income-eligible households.
How do I apply for housing at Kilmarnock Village?+
Kilmarnock Village 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 Kilmarnock Village?+
Kilmarnock Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.