Fifty Oaks Apartments

501 E 2nd St, Rockport, TX 78382

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 3 Baths 601 - 895 Sq Ft
check_circle  Project-Based Rental Assistance
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Fifty Oaks is a family affordable apartment community, within walking distance to Aransas Bay, dining and more. This community offers beautiful updated 1, 2, and 3 bedroom floorplans.

Dave's Thoughts On Fifty Oaks Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Fifty Oaks Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Fifty Oaks Apartments Amenities

  • Playground
  • On-Site Parking

Units at Fifty Oaks Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 601ft2 Call for Price
2 Bedroom (2/2) 732ft2 Call for Price
3 Bedroom (3/3) 895ft2 Call for Price

Income Qualification for Fifty Oaks Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $15,300 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $25,500 / year $29,150 / year $32,800 / year $36,400 / year $39,350 / year $42,250 / year
50% AMI for PBRA Units $25,500 / year $29,150 / year $32,800 / year $36,400 / year $39,350 / year $42,250 / year
60% AMI for LIHTC Units $30,600 / year $34,980 / year $39,360 / year $43,680 / year $47,220 / year $50,700 / year
80% AMI for PBRA Units $40,800 / year $46,600 / year $52,450 / year $58,250 / year $62,950 / year $67,600 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Fifty Oaks Apartments

Does Fifty Oaks Apartments have a waiting list?

Fifty Oaks Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Fifty Oaks Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Fifty Oaks Apartments?

Fifty Oaks Apartments is managed by Asset Living Property Management headquartered in Houston, Texas.

In addition to Fifty Oaks Apartments, how many other affordable housing properties (and units) are there in Rockport?

In addition to Fifty Oaks Apartments, we list 4 other affordable properties in Rockport. Learn about these properties here. Our data research shows that there are a total of 250 affordable units in Rockport.

When was the Fifty Oaks Apartments listing last updated?

Fifty Oaks Apartments listing on Affordable Housing Online was last updated on 12/06/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Fifty Oaks Apartments

Gulf Shore Villas

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Bay of Aransas Gardens

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Sea Mist Townhomes

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Linden Oaks Aka Rockport Retir

1201 N Live Oak St, Rockport, Texas 78382

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.