About This Property
Village Green Apts Lexington offers 32 low-income units in Lexington, Ohio, with a mix of 18 one-bedroom and 14 two-bedroom apartments. The property has been in service since 2009 and is designed to serve families. Funding for this development was provided through the HOME program.
Property Details
Fair Market Rent - Richland County, OH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $609 |
| 1 Bedroom | $689 |
| 2 Bedroom | $860 |
| 3 Bedroom | $1,182 |
| 4 Bedroom | $1,355 |
Income Limits - Richland County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lexington, OH?+
The Fair Market Rent (FMR) for Richland County, OH is: $609 (Studio), $689 (1BR), $860 (2BR), $1182 (3BR), $1355 (4BR). Actual rent at subsidized properties like Village Green Apts Lexington is typically 30% of household income or less.
What size apartments are available at Village Green Apts Lexington?+
Village Green Apts Lexington offers the following unit types: 18 One-Bedroom, 14 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Lexington, OH?+
Based on Fair Market Rent for Richland County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $860. Actual rent at Village Green Apts Lexington may be lower for income-eligible households.
Who is eligible to live at Village Green Apts Lexington?+
Village Green Apts Lexington 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 Richland County, OH?+
For a 4-person household in Richland County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
How do I apply for housing at Village Green Apts Lexington?+
Village Green Apts Lexington 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 manages Village Green Apts Lexington?+
Village Green Apts Lexington is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
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