MORGAN HOUSE I

490 N MAIN ST

MARTINSVILLE , IN 46151

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

Total apartment units: 34

Assisted housing category: Subsidized - Previously Insured

Owner organization name: Morgan House Properties I LLC

Management agent organization name: Sheehan Property Management, Inc.

Management agent main phone number: 317-579-9272

Management agent email address: ctownsend@sheehanpm.com

Hud Administered ind: N

Contract doc type: HAP

Program type: Preservation

Rent to FMR ratio: 96.72112634

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

Total efficiency units: 7

Total 1bedroom units: 22

Total 2bedroom units: 5

Efficiency: $674.00 per month

1bedroom: $778.00 per month

2bedrooms: $946.00 per month

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2024 Fair Market Rents in Martinsville, IN 46151 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Martinsville, IN 46151 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $729 (low) to $891 (high) per month
One-Bedrooms: $846 (low) to $1,034 (high) per month
Two-Bedrooms: $999 (low) to $1,221 (high) per month
Three-Bedrooms: $1,305 (low) to $1,595 (high) per month
Four-Bedrooms: $1,575 (low) to $1,925 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Martinsville, IN 46151 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 Indianapolis-Carmel, IN HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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