Magnolia Ridge Apartments
Affordable 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
- Water, sewer and trash service included
- Range/oven, refrigerator, microwave and dishwasher included
- Washer and Dryer hookups in every unit
- All electric, energy-efficient units
- Handicap accessible units available
- Tornado Shelters
- Grounds maintenance and snow removal provided
- Shuffle Board on-site
Monthly Rent
- 2 BR/2 BA: $500 – $570
- 3 BR/2 BA: $580 – $660
All applicants must meet current income qualifications with an annual household income less than the Payne County, OK area median incomes (AMI) listed below:
| 50% | 60% | |
|---|---|---|
| 1 Person | $22,900 | $27,480 |
| 2 Person | $26,150 | $31,380 |
| 3 Person | $29,400 | $35,280 |
| 4 Person | $32,650 | $39,180 |
| 5 Person | $35,300 | $42,360 |
| 6 Person | $37,900 | $45,480 |
Additional restrictions may apply to some units dependent upon unit availability and income.
Income Guidelines Effective April 1, 2021
For more information please contact Krista at (405) 820-4851 or office at (800) 378-9366.
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.
For more information on Fair Housing call (800) 669‐9777.
