About This Property
Lewis Apts offers 20 low-income units in Cherokee, Iowa, comprising 14 one-bedroom and 6 two-bedroom apartments. The property has been in service since 1996 and is financed through 9% Low-Income Housing Tax Credits. This community serves elderly and disabled residents.
Property Details
Fair Market Rent - Cherokee County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $630 |
| 1 Bedroom | $768 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,215 |
| 4 Bedroom | $1,463 |
Income Limits - Cherokee County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cherokee, IA?+
The Fair Market Rent (FMR) for Cherokee County, IA is: $630 (Studio), $768 (1BR), $862 (2BR), $1215 (3BR), $1463 (4BR). Actual rent at subsidized properties like Lewis Apts is typically 30% of household income or less.
What size apartments are available at Lewis Apts?+
Lewis Apts offers the following unit types: 14 One-Bedroom, 6 Two-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Cherokee County, IA?+
For a 4-person household in Cherokee County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
How do I apply for housing at Lewis Apts?+
Lewis 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 is eligible to live at Lewis Apts?+
Lewis Apts primarily serves elderly residents, persons with disabilities. 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 Cherokee, IA?+
Based on Fair Market Rent for Cherokee County, the estimated price range is: 1-bedroom: $768, 2-bedroom: $862. Actual rent at Lewis Apts may be lower for income-eligible households.
Who manages Lewis Apts?+
Lewis Apts 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.