Magnolia Ridge Apartments
For more information on Fair Housing call (800) 669‐9777.
Please be advised all applicants must meet age and income restrictions to qualify for tenancy. Magnolia Ridge does not discriminate on the bases of race, color, religion, sex, handicap, familial status or national origin.
Affordable Family Housing
702 S Jardot Rd., Stillwater, OK 74074
Developed by Excel Development Group and Midwest Housing Initiatives
Managed by Excel Development Group
Features and Amenities:
- 2 and 3 bedroom – 2 bathroom units
- Range/oven, refrigerator, microwave and dishwasher included
- Washer and Dryer in every unit
- All electric, energy efficient units
- Smoke Free Housing
- Seniors, Veterans and widows of Veterans are also welcome
- Handicap accessible units available
- Tornado Shelters
- Grounds maintenance and snow removal provided.
Monthly Rent:
- 2 BDRM $415.00 – $485.00
- 3 BDRM $480.00 – $555.00
All applicants must meet current income qualification with an annual household income less than the Payne County area median incomes listed below:
| 50% | 60% | |
|---|---|---|
| 1 Person | $21,850 | $26,220 |
| 2 Person | $24,950 | $29,940 |
| 3 Person | $28,050 | $33,660 |
| 4 Person | $31,150 | $37,380 |
| 5 Person | $33,650 | $40,380 |
| 6 Person | $36,150 | $43,380 |
Additional restrictions may apply to some units dependent upon unit availability and income.
Income Guidelines Effective April 24, 2019
