4373 Ruston Avenue, Columbus, OH 43230
Waiting List Forecast: Likely Short or None
Verified for 2020 by Keely Pearce| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $725 - 850 per Month† | 2 Beds | 1 Bath | 896 Sq Ft |
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.
Monarch Manor is an affordable housing community designed for residents 55 years of age and older. Our community is located in a quiet location near grocery, shopping, great restaurants, and Blendon Woods Metro Park. We are just minutes from Easton Town Center, Polaris Mall, Interstates 270, 71, 670, the airport, and downtown Columbus. Please contact our community manager at (614) 269-8447 or monarchmanor@fairfieldhomesohio.com to learn more. See this property and more and apply online at https://www.fairfieldhomesohio.com/residents/.
Conveniently located near:
- Bank
- Drug Store
- Entertainment
- Hospital
- Restaurants
- Columbus School District
- Shopping
Income restrictions apply.
The owner / agent does not discriminate on the basis of disability status in the admission or access to, or treatment or employment in, its federally assisted program and activities.
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 Monarch Manor Apartments 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2BR (2/1) | 896ft2 | $725 $850† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 50% AMI for PBRA Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 60% AMI for LIHTC Units | $41,700 / year | $47,640 / year | $53,580 / year | $59,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Monarch Manor Apartments have a waiting list?
Monarch Manor 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 Monarch Manor 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.
What property management company manges Monarch Manor Apartments?
Monarch Manor Apartments is managed by Fairfield Homes headquartered in Lancaster, Ohio.
In addition to Monarch Manor Apartments, how many other affordable housing properties (and units) are there in Columbus?
In addition to Monarch Manor Apartments, we list 398 other affordable properties in Columbus. Learn about these properties here. Our data research shows that there are a total of 22410 affordable units in Columbus.
360 Broad Meadows Blvd, Columbus, Ohio 43214
910 E Broad St, Columbus, Ohio 43205
Make sure you have the accommodations you need.
If you have special needs because of a disability, HUD housing authorities must provide reasonable accommodations for you to apply.Bishop Demetres Walker says:
"I love Affordable Housing Online, it keeps me posted and updated with new opportunities."