About This Property
Newport Apartments contains 16 low-income residential units in Oak Harbor, WA, with a mix of eleven 2-bedroom and five 3-bedroom floor plans. The property was placed in service in 2013 and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credit financing. The apartments are managed by [manager name] and available for income-qualified households.
Property Details
Fair Market Rent - Island County, WA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,156 |
| 1 Bedroom | $1,236 |
| 2 Bedroom | $1,523 |
| 3 Bedroom | $2,146 |
| 4 Bedroom | $2,536 |
Income Limits - Island County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $31,950
- Low (80%)
- $51,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,950
- Low (80%)
- $57,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,300
- Low (80%)
- $74,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,500
- Low (80%)
- $79,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,700
- Low (80%)
- $84,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $27,950 | $44,700 |
| 2 Persons | $19,200 | $31,950 | $51,050 |
| 3 Persons | $21,960 | $35,950 | $57,450 |
| 4 Persons | $26,500 | $39,900 | $63,800 |
| 5 Persons | $31,040 | $43,100 | $68,950 |
| 6 Persons | $35,580 | $46,300 | $74,050 |
| 7 Persons | $40,120 | $49,500 | $79,150 |
| 8 Persons | $44,660 | $52,700 | $84,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oak Harbor, WA?+
The Fair Market Rent (FMR) for Island County, WA is: $1156 (Studio), $1236 (1BR), $1523 (2BR), $2146 (3BR), $2536 (4BR). Actual rent at subsidized properties like Newport Apartments is typically 30% of household income or less.
What size apartments are available at Newport Apartments?+
Newport Apartments offers the following unit types: 11 Two-Bedroom, 5 Three-Bedroom units, for a total of 16 units.
What is the price range for apartments in Oak Harbor, WA?+
Based on Fair Market Rent for Island County, the estimated price range is: 2-bedroom: $1523, 3-bedroom: $2146. Actual rent at Newport Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Island County, WA?+
For a 4-person household in Island County, WA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,900, Low Income (80% AMI): $63,800. These limits are set by HUD and updated annually.
How do I apply for housing at Newport Apartments?+
Newport Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Newport Apartments?+
Newport Apartments is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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