Parker Place Senior Apartments

18 S Parker Avenue, Indianapolis, IN 46201

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

Call (317) 999-7466

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.

Parker Place Senior Apartments is now open! The newest addition to Englewood CDC housing, located at 18 S Parker Avenue, serves neighbors over 55 with affordable housing, offering a wide range of services and amenities designed to help age in place. This development is connected to Oxford Place Senior Apartments through a shared commercial kitchen and dining room. Parker Place Senior Apartments is 39 units of 1 and 2 BR units with beautiful views of downtown and large, spacious apartments.

39 apartments
1 and 2 bedrooms
Commercial Kitchen and Large Dining Room
Lounge
Semi-private courtyard
Energy-efficient building design and high-efficiency appliances
Laundry room on each floor (+hookups in each apartment)
Balcony or patio in every apartment
On the IndyGo Routes 8 and 26 bus lines
Across the street from Tlaolli Mexican Cuisine, Cat Head Press, and the East Washington Branch Library

Dave's Thoughts On Parker Place Senior Apartments

Because Parker Place Senior Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Parker Place Senior Apartments Amenities

Laundry Room
Balconies or Patios Available
Energy Efficient Design
Spacious floor plans
On-Site Social Services
Near Bus Line
Downtown Location
Dining Area
Courtyard
Resident Lounge

Units at Parker Place Senior Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†

Income Qualification for Parker Place Senior 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
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
60% AMI for LIHTC Units	$40,620 / year	$46,440 / year	$52,260 / year	$58,020 / year

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

FAQs for Parker Place Senior Apartments

Does Parker Place Senior Apartments have a waiting list?

Parker Place Senior Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Parker Place Senior Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Parker Place Senior Apartments, how many other affordable housing properties (and units) are there in Indianapolis?

In addition to Parker Place Senior Apartments, we list 612 other affordable properties in Indianapolis. Learn about these properties here. Our data research shows that there are a total of 22718 affordable units in Indianapolis.