About This Property
Lakeside Apts offers 30 low-income units in Milford, Iowa, with a mix of one-, two-, and three-bedroom floor plans serving families and disabled residents. The property has been in service since 1999 and is funded through 9% Low-Income Housing Tax Credits. The unit mix includes four one-bedroom, twenty-three two-bedroom, and three three-bedroom apartments.
Property Details
Fair Market Rent - Dickinson 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 | $789 |
| 1 Bedroom | $794 |
| 2 Bedroom | $1,043 |
| 3 Bedroom | $1,261 |
| 4 Bedroom | $1,389 |
Income Limits - Dickinson County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,800
- Low (80%)
- $44,450
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,700
- Low (80%)
- $57,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,650
- Low (80%)
- $63,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,850
- Low (80%)
- $68,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,000
- Low (80%)
- $73,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,350
- Low (80%)
- $83,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,800 | $44,450 |
| 2 Persons | $19,050 | $31,750 | $50,800 |
| 3 Persons | $21,960 | $35,700 | $57,150 |
| 4 Persons | $26,500 | $39,650 | $63,450 |
| 5 Persons | $31,040 | $42,850 | $68,550 |
| 6 Persons | $35,580 | $46,000 | $73,650 |
| 7 Persons | $40,120 | $49,200 | $78,700 |
| 8 Persons | $44,660 | $52,350 | $83,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milford, IA?+
The Fair Market Rent (FMR) for Dickinson County, IA is: $789 (Studio), $794 (1BR), $1043 (2BR), $1261 (3BR), $1389 (4BR). Actual rent at subsidized properties like Lakeside Apts is typically 30% of household income or less.
What size apartments are available at Lakeside Apts?+
Lakeside Apts offers the following unit types: 4 One-Bedroom, 23 Two-Bedroom, 3 Three-Bedroom units, for a total of 30 units.
How do I apply for housing at Lakeside Apts?+
Lakeside 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 Lakeside Apts?+
Lakeside Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Milford, IA?+
Based on Fair Market Rent for Dickinson County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $1043, 3-bedroom: $1261. Actual rent at Lakeside Apts may be lower for income-eligible households.
Who is eligible to live at Lakeside Apts?+
Lakeside Apts primarily serves families, persons with disabilities. 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 Dickinson County, IA?+
For a 4-person household in Dickinson County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,650, Low Income (80% AMI): $63,450. 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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