About This Property
Manor At Salem Woods offers 40 units in Salem, IL, with 24 designated as low-income housing. The property includes 25 studio and 15 one-bedroom units and serves elderly residents. Placed in service in 2008, the community operates with 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Marion County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $560 |
| 1 Bedroom | $666 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,219 |
Income Limits - Marion County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Salem, IL?+
The Fair Market Rent (FMR) for Marion County, IL is: $560 (Studio), $666 (1BR), $807 (2BR), $1041 (3BR), $1219 (4BR). Actual rent at subsidized properties like Manor At Salem Woods is typically 30% of household income or less.
What size apartments are available at Manor At Salem Woods?+
Manor At Salem Woods offers the following unit types: 25 Studio, 15 One-Bedroom units, for a total of 40 units.
How do I apply for housing at Manor At Salem Woods?+
Manor At Salem Woods 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 Salem, IL?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $666. Actual rent at Manor At Salem Woods may be lower for income-eligible households.
Who manages Manor At Salem Woods?+
Manor At Salem Woods is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Manor At Salem Woods?+
Manor At Salem Woods primarily serves elderly residents. 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 Marion County, IL?+
For a 4-person household in Marion County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
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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