About This Property
Thornbury offers 48 low-income units in Lake Placid, FL, serving families with a mix of 26 one-bedroom and 22 two-bedroom apartments. The property has been in service since 2007 and provides affordable rental housing in Highlands County.
Property Details
Fair Market Rent - Highlands County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $757 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,117 |
| 3 Bedroom | $1,391 |
| 4 Bedroom | $1,831 |
Income Limits - Highlands County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Placid, FL?+
The Fair Market Rent (FMR) for Highlands County, FL is: $757 (Studio), $850 (1BR), $1117 (2BR), $1391 (3BR), $1831 (4BR). Actual rent at subsidized properties like Thornbury is typically 30% of household income or less.
What size apartments are available at Thornbury?+
Thornbury offers the following unit types: 26 One-Bedroom, 22 Two-Bedroom units, for a total of 48 units.
Who manages Thornbury?+
Thornbury is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lake Placid, FL?+
Based on Fair Market Rent for Highlands County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1117. Actual rent at Thornbury may be lower for income-eligible households.
How do I apply for housing at Thornbury?+
Thornbury 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 is eligible to live at Thornbury?+
Thornbury primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Highlands County, FL?+
For a 4-person household in Highlands County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
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