About This Property
Melmar Apts comprises 40 low-income units in Sparta, IL, with a mix of 4 one-bedroom, 28 two-bedroom, and 8 three-bedroom floor plans. The property has been in service since 2012 and is located in Randolph County.
Property Details
Fair Market Rent - Randolph 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 | $547 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,040 |
| 4 Bedroom | $1,285 |
Income Limits - Randolph County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,350
- Low (80%)
- $69,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,150 |
| 2 Persons | $17,420 | $28,000 | $44,750 |
| 3 Persons | $21,960 | $31,500 | $50,350 |
| 4 Persons | $26,500 | $34,950 | $55,900 |
| 5 Persons | $31,040 | $37,750 | $60,400 |
| 6 Persons | $35,580 | $40,550 | $64,850 |
| 7 Persons | $40,120 | $43,350 | $69,350 |
| 8 Persons | $44,660 | $46,150 | $73,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sparta, IL?+
The Fair Market Rent (FMR) for Randolph County, IL is: $547 (Studio), $614 (1BR), $807 (2BR), $1040 (3BR), $1285 (4BR). Actual rent at subsidized properties like Melmar Apts is typically 30% of household income or less.
What size apartments are available at Melmar Apts?+
Melmar Apts offers the following unit types: 4 One-Bedroom, 28 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.
How do I apply for housing at Melmar Apts?+
Melmar 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 Melmar Apts?+
Melmar Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Sparta, IL?+
Based on Fair Market Rent for Randolph County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807, 3-bedroom: $1040. Actual rent at Melmar Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Randolph County, IL?+
For a 4-person household in Randolph County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,950, Low Income (80% AMI): $55,900. 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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