About This Property
Market Street Townhomes offers 60 units in Soledad, including 59 low-income units serving families with a mix of two-, three-, and four-bedroom floor plans. The property has been in service since 2005 and receives funding through tax-exempt bonds and 4% Low Income Housing Tax Credits. The community comprises 28 two-bedroom, 22 three-bedroom, and 10 four-bedroom townhomes.
Property Details
Fair Market Rent - Monterey County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,340 |
| 1 Bedroom | $2,367 |
| 2 Bedroom | $2,879 |
| 3 Bedroom | $3,990 |
| 4 Bedroom | $4,400 |
Income Limits - Monterey County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,450
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $54,950
- Low (80%)
- $87,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $59,000
- Low (80%)
- $94,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,100
- Low (80%)
- $100,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,150
- Low (80%)
- $107,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,350 | $35,600 | $56,950 |
| 2 Persons | $24,400 | $40,700 | $65,100 |
| 3 Persons | $27,450 | $45,800 | $73,250 |
| 4 Persons | $30,500 | $50,850 | $81,350 |
| 5 Persons | $32,950 | $54,950 | $87,900 |
| 6 Persons | $35,580 | $59,000 | $94,400 |
| 7 Persons | $40,120 | $63,100 | $100,900 |
| 8 Persons | $44,660 | $67,150 | $107,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Soledad, CA?+
The Fair Market Rent (FMR) for Monterey County, CA is: $2340 (Studio), $2367 (1BR), $2879 (2BR), $3990 (3BR), $4400 (4BR). Actual rent at subsidized properties like Market Street Townhomes is typically 30% of household income or less.
What size apartments are available at Market Street Townhomes?+
Market Street Townhomes offers the following unit types: 28 Two-Bedroom, 22 Three-Bedroom, 10 Four-Bedroom units, for a total of 60 units.
What is the price range for apartments in Soledad, CA?+
Based on Fair Market Rent for Monterey County, the estimated price range is: 2-bedroom: $2879, 3-bedroom: $3990. Actual rent at Market Street Townhomes may be lower for income-eligible households.
Who is eligible to live at Market Street Townhomes?+
Market Street Townhomes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Market Street Townhomes?+
Market Street Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Monterey County, CA?+
For a 4-person household in Monterey County, CA, the income limits are: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These limits are set by HUD and updated annually.
Who manages Market Street Townhomes?+
Market Street Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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