About This Property
Canterbury House Apts (Springbrook) offers 64 low-income rental units in Frankfort, Indiana, with a mix of one-, two-, and three-bedroom floor plans. The property was placed in service in 1997 and receives 9% Low-Income Housing Tax Credit financing. The apartment community includes 16 one-bedroom, 32 two-bedroom, and 16 three-bedroom units.
Property Details
Fair Market Rent - Clinton County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $625 |
| 1 Bedroom | $707 |
| 2 Bedroom | $922 |
| 3 Bedroom | $1,139 |
| 4 Bedroom | $1,228 |
Income Limits - Clinton County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frankfort, IN?+
The Fair Market Rent (FMR) for Clinton County, IN is: $625 (Studio), $707 (1BR), $922 (2BR), $1139 (3BR), $1228 (4BR). Actual rent at subsidized properties like Canterbury House Apts (Springbrook) is typically 30% of household income or less.
What size apartments are available at Canterbury House Apts (Springbrook)?+
Canterbury House Apts (Springbrook) offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom, 16 Three-Bedroom units, for a total of 64 units.
What are the income limits for affordable housing in Clinton County, IN?+
For a 4-person household in Clinton County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
How do I apply for housing at Canterbury House Apts (Springbrook)?+
Canterbury House Apts (Springbrook) 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 Canterbury House Apts (Springbrook)?+
Canterbury House Apts (Springbrook) is managed by . You can reach them at .
What is the price range for apartments in Frankfort, IN?+
Based on Fair Market Rent for Clinton County, the estimated price range is: 1-bedroom: $707, 2-bedroom: $922, 3-bedroom: $1139. Actual rent at Canterbury House Apts (Springbrook) may be lower for income-eligible households.
Walk Score
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Nearby Schools
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