About This Property
Brenchley is a 32-unit affordable housing community in Rexburg, Idaho that serves elderly residents. All units are one-bedroom apartments designated as low-income housing and financed through the 4% Low-Income Housing Tax Credit program. The property has been in service since 1991.
Property Details
Fair Market Rent - Madison 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 | $916 |
| 1 Bedroom | $929 |
| 2 Bedroom | $1,057 |
| 3 Bedroom | $1,490 |
| 4 Bedroom | $1,794 |
Income Limits - Madison County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,850
- Low (80%)
- $33,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,800
- Low (80%)
- $38,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,150
- Low (80%)
- $51,450
- Extremely Low (30%)
- $34,550
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,850 | $33,350 |
| 2 Persons | $17,420 | $23,800 | $38,100 |
| 3 Persons | $21,960 | $26,800 | $42,850 |
| 4 Persons | $26,500 | $29,750 | $47,600 |
| 5 Persons | $31,040 | $32,150 | $51,450 |
| 6 Persons | $34,550 | $34,550 | $55,250 |
| 7 Persons | $36,900 | $36,900 | $59,050 |
| 8 Persons | $39,300 | $39,300 | $62,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rexburg, ID?+
The Fair Market Rent (FMR) for Madison County, ID is: $916 (Studio), $929 (1BR), $1057 (2BR), $1490 (3BR), $1794 (4BR). Actual rent at subsidized properties like Brenchley is typically 30% of household income or less.
What size apartments are available at Brenchley?+
Brenchley offers the following unit types: 32 One-Bedroom units, for a total of 32 units.
How do I apply for housing at Brenchley?+
Brenchley 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 is the price range for apartments in Rexburg, ID?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $929. Actual rent at Brenchley may be lower for income-eligible households.
Who is eligible to live at Brenchley?+
Brenchley primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Brenchley?+
Brenchley is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Madison County, ID?+
For a 4-person household in Madison County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,750, Low Income (80% AMI): $47,600. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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