Pleasant Springs

1015 Vesper Pl, Indianapolis, IN 46203

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Gene B. Glick Marketing, Colleen Carter
Rent Beds Baths SqFt
$338 - 862 per Month 1 - 3 Beds 1 - 2 Baths 1 - 963 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

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.

Pleasant Springs is an affordable apartment community in Indianapolis, IN that provides one, two, three, and four bedroom apartment homes. Our location on Raymond Street is convenient for shopping, dining and entertainment. Our community provides a playground, a pet park, a picnic, and a grill area. Our apartment homes feature a patio or balcony and have high-speed internet access. Our community is pet friendly and welcomes your pets.

Dave's Thoughts On Pleasant Springs

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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Pleasant Springs does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Pleasant Springs Amenities

  • Playground
  • BBQ and Picnic Area
  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Refrigerator
  • Oven and Range
  • Washer and Dryer Included
  • High Speed Internet Access
  • Wheel Chair Accessible
  • Dog Park

Units at Pleasant Springs

Unit (Bd/Ba) Ft2 Rent
One Bedroom Apartment (1/1) 675ft2 $338
Two Bedroom Apartment (2/1.5) 876ft2 $575
Two Bedroom Townhome (2/1.5) 963ft2 $760
Three Bedroom Apartment (3/2) 1ft2 $862

Income Qualification for Pleasant Springs

*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
50% AMI for LIHTC Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year $52,250 / year $56,100 / year
50% AMI for PBRA Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year $52,250 / year $56,100 / year
60% AMI for LIHTC Units $40,620 / year $46,440 / year $52,260 / year $58,020 / year $62,700 / year $67,320 / year

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

FAQs for Pleasant Springs

Does Pleasant Springs have a waiting list?

Pleasant Springs 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 Pleasant Springs?

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.

What property management company manges Pleasant Springs?

Pleasant Springs is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.

In addition to Pleasant Springs, how many other affordable housing properties (and units) are there in Indianapolis?

In addition to Pleasant Springs, 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.

When was the Pleasant Springs listing last updated?

Pleasant Springs listing on Affordable Housing Online was last updated on 03/08/2024 by Gene B. Glick Marketing. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Pleasant Springs

Nora Commons on the Monon

8905 Evergreen Ave, Indianapolis, Indiana 46240

bed 1-2
payment $776-1082/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Brookhaven at County Line Road

940 Wild Indigo Ln, Indianapolis, Indiana 46227

bed 1-2
payment $634-865/mo.
switch_access_shortcut Short Wait

Preston Pointe Apartments

5910 E. 12th St, Indianapolis, Indiana 46219

bed 1-2
payment $366-841/mo.
switch_access_shortcut Short Wait

Thirty Four North Apartments

3402 N Meridian St, Indianapolis, Indiana 46208

bed Studio-4
payment $300-1110/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Walnut Ridge Apartments

3347 North Emerson Avenue, Indianapolis, Indiana 46218

bed 1-2
payment $270-820/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Woodlake Apartments

7401 Merganser Drive, Indianapolis, Indiana 46260

bed 1-3
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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