Noble Manor Apartments

780 Noble Run, Noblesville, Indiana 46060

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Noble Manor Apartments is managed by Mark III Management Corporation.

Noble Manor offers one, two and three-bedroom apartments for independent family living and independent seniors age 62 and up. The rents are made affordable through the U. S. Department of Housing and Urban Development (HUD).

The community consists of 263 family living units with spacious one, two and three-bedroom apartments and 73 independent senior one-bedroom apartments. There is a separate community building for the residents use along with a playground, basketball court and laundry facilities. Noble Manor is conveniently located near shopping centers, drug stores, banks and restaurants.

Noble Manor has on-site management staff and offers 24-hour emergency maintenance service.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 650 Call for Price
2 Bedroom (2/1) 875 Call for Price
3 Bedroom (3/1.5) 1100 Call for Price

Eligibility for Noble Manor Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Noblesville but actual income limits may differ for units at Noble Manor Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $20,300 $23,200 $26,100 $30,000 $35,140 $40,280
50% $33,850 $38,700 $43,550 $48,350 $52,250 $56,100
80% $54,150 $61,900 $69,650 $77,350 $83,550 $89,750

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Noblesville but actual income limits may differ for units at Noble Manor Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $33,850 $38,700 $43,550 $48,350 $52,250 $56,100
Low Income (60%) $40,620 $46,440 $52,260 $58,020 $62,700 $67,320

Noble Manor Apartments Details

  • 60 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • Playground
  • Basketball Court
  • On-Site Manager
  • Emergency Pull Cord
  • Laundry Facilities
  • 24 Hour Maintenance

Unit Amenities

  • Window Coverings
  • Intercom System
  • Central Heat & Air
  • Electric Range
  • Private Patio and Balcony
  • Wall-to-Wall Carpeting

Nearby Amenities

  • Near Pharmacy
  • Near Bank
  • Near Shopping
  • Near Restaurants
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.