About This Property
Prime Living Apts comprises 27 units in Le Mars, Iowa, with 26 units designated for low-income households. The property, which entered service in 2004, serves elderly and disabled residents and contains 26 one-bedroom units. Financing includes HOME funding and 9% LIHTC credits.
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 Prime Living Apts is typically 30% of household income or less.
What size apartments are available at Prime Living Apts?+
Prime Living Apts offers the following unit types: 26 One-Bedroom units, for a total of 27 units.
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.
How do I apply for housing at Prime Living Apts?+
Prime Living 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.
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. Actual rent at Prime Living Apts may be lower for income-eligible households.
Who manages Prime Living Apts?+
Prime Living Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Prime Living Apts?+
Prime Living 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.