About This Property
St Edward Court contains 56 units in New Albany, Indiana, with 50 units designated for low-income households. The property, which has been in service since 2002, includes 20 one-bedroom, 31 two-bedroom, 4 three-bedroom, and 1 four-bedroom units and is financed through 9% Low-Income Housing Tax Credits. The community is managed by [property management company].
Waitlist Information
Waitlist managed by Housing Authority of the City of New Albany
The waiting list is currently open for 2, 3, and 4-bedroom units at Broadmeade Terrace, Crystal Court, Parkview Terrace, Shoreline Villas, Valley View, and Beechwood Court, including project-based vouchers for these units. Priority is given to families, individuals 62 or older, or individuals with disabilities, who are low-income US citizens or eligible immigrants residing in Floyd County.
The Section 8 waiting list is currently closed until further notice.
Waitlist data provided by section8waitlist.org
Updated July 8, 2026
Property Details
Fair Market Rent - Floyd 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 | $976 |
| 1 Bedroom | $1,077 |
| 2 Bedroom | $1,301 |
| 3 Bedroom | $1,701 |
| 4 Bedroom | $1,955 |
Income Limits - Floyd County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,150
- Very Low (50%)
- $26,950
- Low (80%)
- $43,050
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,650
- Low (80%)
- $55,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,550
- Low (80%)
- $66,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,650
- Low (80%)
- $71,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,800
- Low (80%)
- $81,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,150 | $26,950 | $43,050 |
| 2 Persons | $18,450 | $30,800 | $49,200 |
| 3 Persons | $21,960 | $34,650 | $55,350 |
| 4 Persons | $26,500 | $38,450 | $61,500 |
| 5 Persons | $31,040 | $41,550 | $66,450 |
| 6 Persons | $35,580 | $44,650 | $71,350 |
| 7 Persons | $40,120 | $47,700 | $76,300 |
| 8 Persons | $44,660 | $50,800 | $81,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Albany, IN?+
The Fair Market Rent (FMR) for Floyd County, IN is: $976 (Studio), $1077 (1BR), $1301 (2BR), $1701 (3BR), $1955 (4BR). Actual rent at subsidized properties like St Edward Court is typically 30% of household income or less.
What size apartments are available at St Edward Court?+
St Edward Court offers the following unit types: 20 One-Bedroom, 31 Two-Bedroom, 4 Three-Bedroom, 1 Four-Bedroom units, for a total of 56 units.
Who manages St Edward Court?+
St Edward Court is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New Albany, IN?+
Based on Fair Market Rent for Floyd County, the estimated price range is: 1-bedroom: $1077, 2-bedroom: $1301, 3-bedroom: $1701. Actual rent at St Edward Court may be lower for income-eligible households.
Is there a waitlist for St Edward Court?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at St Edward Court?+
St Edward Court 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.
What are the income limits for affordable housing in Floyd County, IN?+
For a 4-person household in Floyd County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,450, Low Income (80% AMI): $61,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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