About This Property
Sonrise Villas II offers 80 low-income units in Fellsmere, Florida, with a mix of 40 two-bedroom and 40 three-bedroom apartments designed to serve families. The property was placed in service in 2007 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. A non-profit entity owns and operates the community.
Property Details
Fair Market Rent - Indian River 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 | $991 |
| 1 Bedroom | $1,195 |
| 2 Bedroom | $1,462 |
| 3 Bedroom | $1,844 |
| 4 Bedroom | $2,481 |
Income Limits - Indian River County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fellsmere, FL?+
The Fair Market Rent (FMR) for Indian River County, FL is: $991 (Studio), $1195 (1BR), $1462 (2BR), $1844 (3BR), $2481 (4BR). Actual rent at subsidized properties like Sonrise Villas Ii is typically 30% of household income or less.
What size apartments are available at Sonrise Villas Ii?+
Sonrise Villas Ii offers the following unit types: 40 Two-Bedroom, 40 Three-Bedroom units, for a total of 80 units.
How do I apply for housing at Sonrise Villas Ii?+
Sonrise Villas Ii 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.
Who manages Sonrise Villas Ii?+
Sonrise Villas Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Indian River County, FL?+
For a 4-person household in Indian River County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who is eligible to live at Sonrise Villas Ii?+
Sonrise Villas Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Fellsmere, FL?+
Based on Fair Market Rent for Indian River County, the estimated price range is: 2-bedroom: $1462, 3-bedroom: $1844. Actual rent at Sonrise Villas Ii may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.