About This Property
Preston Vista Apts offers 36 low-income units in Preston, Idaho, serving families and elderly residents. The property includes 12 two-bedroom, 18 three-bedroom, and 6 four-bedroom apartments and has been in service since 1999. The development utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Franklin 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 | $790 |
| 1 Bedroom | $836 |
| 2 Bedroom | $1,047 |
| 3 Bedroom | $1,475 |
| 4 Bedroom | $1,777 |
Income Limits - Franklin County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Preston, ID?+
The Fair Market Rent (FMR) for Franklin County, ID is: $790 (Studio), $836 (1BR), $1047 (2BR), $1475 (3BR), $1777 (4BR). Actual rent at subsidized properties like Preston Vista Apts is typically 30% of household income or less.
What size apartments are available at Preston Vista Apts?+
Preston Vista Apts offers the following unit types: 12 Two-Bedroom, 18 Three-Bedroom, 6 Four-Bedroom units, for a total of 36 units.
Who is eligible to live at Preston Vista Apts?+
Preston Vista Apts primarily serves families, elderly residents. 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 Preston, ID?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 2-bedroom: $1047, 3-bedroom: $1475. Actual rent at Preston Vista Apts may be lower for income-eligible households.
How do I apply for housing at Preston Vista Apts?+
Preston Vista Apts 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 Preston Vista Apts?+
Preston Vista Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Franklin County, ID?+
For a 4-person household in Franklin County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
Walk Score
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Nearby Schools
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