About This Property
Meadow Lakes I provides 128 low-income rental units in Naples, Florida, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 1997 and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The development offers 24 one-bedroom units, 48 two-bedroom units, and 56 three-bedroom units.
Property Details
Fair Market Rent - Collier County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,328 |
| 1 Bedroom | $1,493 |
| 2 Bedroom | $1,782 |
| 3 Bedroom | $2,375 |
| 4 Bedroom | $2,497 |
Income Limits - Collier County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $37,950
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,150
- Low (80%)
- $67,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,300
- Low (80%)
- $83,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,650
- Low (80%)
- $89,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,750 | $54,000 |
| 3 Persons | $22,800 | $37,950 | $60,750 |
| 4 Persons | $26,500 | $42,150 | $67,450 |
| 5 Persons | $31,040 | $45,550 | $72,850 |
| 6 Persons | $35,580 | $48,900 | $78,250 |
| 7 Persons | $40,120 | $52,300 | $83,650 |
| 8 Persons | $44,660 | $55,650 | $89,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Naples, FL?+
The Fair Market Rent (FMR) for Collier County, FL is: $1328 (Studio), $1493 (1BR), $1782 (2BR), $2375 (3BR), $2497 (4BR). Actual rent at subsidized properties like Meadow Lakes I is typically 30% of household income or less.
What size apartments are available at Meadow Lakes I?+
Meadow Lakes I offers the following unit types: 24 One-Bedroom, 48 Two-Bedroom, 56 Three-Bedroom units, for a total of 128 units.
Who is eligible to live at Meadow Lakes I?+
Meadow Lakes I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Collier County, FL?+
For a 4-person household in Collier County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,150, Low Income (80% AMI): $67,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Naples, FL?+
Based on Fair Market Rent for Collier County, the estimated price range is: 1-bedroom: $1493, 2-bedroom: $1782, 3-bedroom: $2375. Actual rent at Meadow Lakes I may be lower for income-eligible households.
Who manages Meadow Lakes I?+
Meadow Lakes I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Meadow Lakes I?+
Meadow Lakes I 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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