About This Property
Chelsea Court comprises 66 units in Idaho Falls, with 65 designated as low-income housing serving families. The property offers a mix of studio through 3-bedroom units, including 6 studios, 6 one-bedrooms, 30 two-bedrooms, and 24 three-bedrooms. Placed in service in 1996, the community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Bonneville County, ID
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $803 |
| 1 Bedroom | $903 |
| 2 Bedroom | $1,098 |
| 3 Bedroom | $1,546 |
| 4 Bedroom | $1,863 |
Income Limits - Bonneville County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Idaho Falls, ID?+
The Fair Market Rent (FMR) for Bonneville County, ID is: $803 (Studio), $903 (1BR), $1098 (2BR), $1546 (3BR), $1863 (4BR). Actual rent at subsidized properties like Chelsea Court is typically 30% of household income or less.
What size apartments are available at Chelsea Court?+
Chelsea Court offers the following unit types: 6 Studio, 6 One-Bedroom, 30 Two-Bedroom, 24 Three-Bedroom units, for a total of 66 units.
Who is eligible to live at Chelsea Court?+
Chelsea Court 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 Bonneville County, ID?+
For a 4-person household in Bonneville County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Idaho Falls, ID?+
Based on Fair Market Rent for Bonneville County, the estimated price range is: 1-bedroom: $903, 2-bedroom: $1098, 3-bedroom: $1546. Actual rent at Chelsea Court may be lower for income-eligible households.
How do I apply for housing at Chelsea Court?+
Chelsea Court 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 Chelsea Court?+
Chelsea Court is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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