Northwood of Franklin Apartments

2018 Cedar Lane, Franklin, IN 46131

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2020 by Gene B. Glick Marketing, Ben D. Layfield, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 1.5 Bath 625 - 1,000 Sq Ft
check_circle  Pets Allowed
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Northwood of Franklin is an affordable apartment community in Franklin, Indiana that offers one bedroom apartments and two bedroom townhomes. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. At Northwood Apartments you will find well-maintained apartment homes, beautifully landscaped grounds, and professional on-site leasing and maintenance service teams. We offer several community amenities including a community clubhouse, play park, gazebo, and Service Coordinator. Our apartment homes at Northwood feature ceiling fans, spacious closets, and window coverings. This community is managed by the Gene B. Glick Company.

Dave's Thoughts On Northwood of Franklin Apartments

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Northwood of Franklin Apartments is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Northwood of Franklin Apartments Amenities

  • Elevator
  • Playground
  • Clubhouse
  • 24hr Emergency Maintenance
  • Gazebo
  • Ceiling Fan(s)
  • Emergency Pull Cord
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Window Coverings
  • Carpet
  • Water Trash and Sewer Included
  • Resident Service Coordinator
  • Meal Services
  • Open Parking
  • Private Patio and Balcony
  • On-Site Laundry

Units at Northwood of Franklin Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 625ft2 Call for Price
2 Bedroom Townhouse (2/1.5) 1000ft2 Call for Price

Income Qualification for Northwood of Franklin 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
30% AMI for PBRA Units $20,300 / year $23,200 / year $26,100 / year $30,000 / year
50% AMI for LIHTC Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year
50% AMI for PBRA Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year
80% AMI for PBRA Units $54,150 / year $61,900 / year $69,650 / year $77,350 / year

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

FAQs for Northwood of Franklin Apartments

Does Northwood of Franklin Apartments have a waiting list?

Northwood of Franklin 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 Northwood of Franklin 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 Northwood of Franklin Apartments?

Northwood of Franklin Apartments is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.

In addition to Northwood of Franklin Apartments, how many other affordable housing properties (and units) are there in Franklin?

In addition to Northwood of Franklin Apartments, we list 22 other affordable properties in Franklin. Learn about these properties here. Our data research shows that there are a total of 396 affordable units in Franklin.

Listings Near Northwood of Franklin Apartments

Franklin Cove Apartments

2015 Franklin Cove Ct, Franklin, Indiana 46131

bed 1-2
payment Subsidized

The Row Apartments

57 Schoolhouse Rd, Franklin, Indiana 46131

bed 2-3
payment $1299-1474/mo.

1183 Fiesta Dr

1183 Fiesta Dr, Franklin, Indiana 46131

bed 4
payment $1950/mo.

1207 N Aberdeen Dr

1207 N Aberdeen Dr, Franklin, Indiana 46131

bed 3
payment $1745/mo.

898 Glendale Dr

898 Glendale Dr, Franklin, Indiana 46131

bed 3
payment $1650/mo.

952 Ravine Dr

952 Ravine Dr, Franklin, Indiana 46131

bed 3
payment $1610/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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