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CHELTENHAM VILLAGE

1201 KINGSTOWN BUILDING

NEWARK , DE 19702

☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 100

Assisted housing category: Subsidized, No HUD Financing

Owner organization name: LExington Green Associates, L.P.

Management agent organization name: Fairville Management Company, LLC

Management agent main phone number: 3024892000

Management agent email address: johnm@fairvillemanagement.com

Hud Administered ind: N

Contract doc type: HAP

Program type: HFDA/8 NC

Rent to FMR ratio: 100.1825965

Rent to FMR description: Between 80% & 100% FMR

Total 1bedroom units: 12

Total 2bedroom units: 52

Total 3bedroom units: 24

Total 4bedroom units: 12

1bedroom: $1,013.00 per month

2bedrooms: $1,226.00 per month

3bedrooms: $1,528.00 per month

4bedrooms: $1,754.00 per month

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Posted on Apr 06, 2022

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2024 Fair Market Rents in Newark, DE 19702 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Newark, DE 19702 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,287 (low) to $1,573 (high) per month
One-Bedrooms: $1,431 (low) to $1,749 (high) per month
Two-Bedrooms: $1,710 (low) to $2,090 (high) per month
Three-Bedrooms: $2,070 (low) to $2,530 (high) per month
Four-Bedrooms: $2,385 (low) to $2,915 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Newark, DE 19702 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA Housing Choice voucher income limit to determine your eligibility.

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