Oaks on Lamar Apartments is managed by Related Companies.
Oaks on Lamar offers spacious affordable apartments for rent in Austin, Texas. Ideally located near Interstate 35 and local highways, it’s an easy drive to the attractions and excitement of the city. Oaks on Lamar offer unique 1-, 2-, and 3-bedroom apartments with affordable housing options. The delightful amenities are designed for enjoyable living with newly renovated apartment homes available. Each unit features upgrades to bathrooms, flooring, lighting, and more, a rare find for low-income housing.
All the conveniences of modern living are now included in our newly renovated apartments. Kitchens featuring new dishwashers, microwaves, and refrigerators are fully equipped with ample pantry space. Enjoy year-round comfort with ceiling fans and newly installed central air and heating. Attention to detail for your apartment design includes upgraded plank flooring, making decorating a breeze. The Oaks on Lamar could be just what you are looking for in affordable Austin housing.
This community offers all the convenient amenities you need for an enjoyable, carefree life. The amenities include after-school programs to reduce family stress. Everything you need is right here including a playground, laundry facilities, and a business center with copy and fax services. This very sociable community makes it easy to get to know your neighbors with a clubhouse and fitness center. This community supports your active, healthy lifestyle and offers ADA access. The on-call and on-site maintenance team is ready to assist at a moment’s notice for complete peace of mind.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 630 | From $1,266 |
Two Bedroom (2/1) | 730 | From $1,300 |
Three Bedroom (3/1) | 860 | From $1,400 |
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 Austin but actual income limits may differ for units at Oaks on Lamar Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $24,550 | $28,050 | $31,550 | $35,050 | $37,900 | $40,700 |
50% | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 |
80% | $65,450 | $74,800 | $84,150 | $93,450 | $100,950 | $108,450 |
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 Austin but actual income limits may differ for units at Oaks on Lamar Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 |
Low Income (60%) | $49,080 | $56,100 | $63,120 | $70,080 | $75,720 | $81,300 |
Day | Hours |
---|---|
Monday | 9:00am-6:00am |
Tuesday | 9:00am-6:00am |
Wednesday | 9:00am-6:00am |
Thursday | 9:00am-6:00am |
Friday | 9:00am-6:00am |
Saturday | 10:00am-4:00pm |
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.
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.