About This Property
Cedar Springs Apts comprises 24 low-income units in Crown Point, Indiana, with 16 one-bedroom and 8 two-bedroom floor plans. The property has been in service since 1987 and serves residents in Lake County.
Property Details
Fair Market Rent - Lake 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 | $869 |
| 1 Bedroom | $1,027 |
| 2 Bedroom | $1,254 |
| 3 Bedroom | $1,539 |
| 4 Bedroom | $1,672 |
Income Limits - Lake County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Crown Point, IN?+
The Fair Market Rent (FMR) for Lake County, IN is: $869 (Studio), $1027 (1BR), $1254 (2BR), $1539 (3BR), $1672 (4BR). Actual rent at subsidized properties like Cedar Springs Apts is typically 30% of household income or less.
What size apartments are available at Cedar Springs Apts?+
Cedar Springs Apts offers the following unit types: 16 One-Bedroom, 8 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Crown Point, IN?+
Based on Fair Market Rent for Lake County, the estimated price range is: 1-bedroom: $1027, 2-bedroom: $1254. Actual rent at Cedar Springs Apts may be lower for income-eligible households.
How do I apply for housing at Cedar Springs Apts?+
Cedar Springs Apts 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 Lake County, IN?+
For a 4-person household in Lake County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
Who manages Cedar Springs Apts?+
Cedar Springs Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.