4373 Ruston Ave, Columbus, OH 43230
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Because Monarch Manor 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. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year | $53,600 / year | $57,550 / year | $61,550 / year | $65,500 / year |
| 50% AMI for PBRA Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year | $53,600 / year | $57,550 / year | $61,550 / year | $65,500 / year |
| 60% AMI for LIHTC Units | $41,700 / year | $47,640 / year | $53,580 / year | $59,520 / year | $64,320 / year | $69,060 / year | $73,860 / year | $78,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Monarch Manor have a waiting list?
Monarch Manor 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?
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?
Monarch Manor is managed by Fairfield Homes headquartered in Lancaster, Ohio.
In addition to Monarch Manor, how many other affordable housing properties (and units) are there in Columbus?
In addition to Monarch Manor, we list 314 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.
When was the Monarch Manor listing last updated?
Monarch Manor listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.Geri Ridley says:
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