Welcome to Penn Oaks
Penn Oaks offers 3 bedroom (1.5 or 2 bath) apartments in North Liberty that have recently been completely remodeled with new appliances and much more. We are on a bus route, next door to the city's library and rec center, and offer a basketball court, gazebo, and playground.
Most apartments (not all) are income-restricted.
Application fee: $25/adult over age 18
Security deposit: 1 month's rent
Utilities included in your rent: Internet access, Trash
To qualify for an income restricted apartment at Penn Oaks, your household's income must fall below the amount listed. We are required to maintain a mix of income levels and encourage you to contact us for help clarifying what restrictions apply to the apartment you're interested in renting.
1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person | |
40% | $28,360.00 | $32,400.00 | $36,440.00 | $40,480.00 | $43,720.00 | $46,960.00 | $50,200.00 | $53,440.00 |
50% | $35,450.00 | $40,500.00 | $45,550.00 | $50,600.00 | $54,650.00 | $58,700.00 | $62,750.00 | $66,800.00 |
60% | $42,540.00 | $48,600.00 | $54,660.00 | $60,720.00 | $65,580.00 | $70,440.00 | $75,300.00 | $80,160.00 |
Income limits effective July 1, 2020.