About This Property
Highland Estates comprises 24 low-income units in Le Mars, Iowa, serving elderly residents. The property includes eight 1-bedroom, eight 2-bedroom, and eight 3-bedroom apartments and has been in service since 1995. The development is financed through 4% Low-Income Housing Tax Credits and is managed locally in Plymouth County.
Property Details
Fair Market Rent - Plymouth 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 | $653 |
| 1 Bedroom | $701 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,199 |
| 4 Bedroom | $1,203 |
Income Limits - Plymouth County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,800
- Low (80%)
- $46,050
- Extremely Low (30%)
- $19,750
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $22,200
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,400
- Low (80%)
- $71,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,300
- Low (80%)
- $86,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,800 | $46,050 |
| 2 Persons | $19,750 | $32,900 | $52,600 |
| 3 Persons | $22,200 | $37,000 | $59,200 |
| 4 Persons | $26,500 | $41,100 | $65,750 |
| 5 Persons | $31,040 | $44,400 | $71,050 |
| 6 Persons | $35,580 | $47,700 | $76,300 |
| 7 Persons | $40,120 | $51,000 | $81,550 |
| 8 Persons | $44,660 | $54,300 | $86,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Le Mars, IA?+
The Fair Market Rent (FMR) for Plymouth County, IA is: $653 (Studio), $701 (1BR), $862 (2BR), $1199 (3BR), $1203 (4BR). Actual rent at subsidized properties like Highland Estates is typically 30% of household income or less.
What size apartments are available at Highland Estates?+
Highland Estates offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Highland Estates?+
Highland Estates 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 Highland Estates?+
Highland Estates primarily serves elderly residents. 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 Le Mars, IA?+
Based on Fair Market Rent for Plymouth County, the estimated price range is: 1-bedroom: $701, 2-bedroom: $862, 3-bedroom: $1199. Actual rent at Highland Estates may be lower for income-eligible households.
What are the income limits for affordable housing in Plymouth County, IA?+
For a 4-person household in Plymouth County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,100, Low Income (80% AMI): $65,750. These limits are set by HUD and updated annually.
Who manages Highland Estates?+
Highland Estates is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.