About This Property
Elm Street Apts consists of 12 one-bedroom units designated for low-income elderly residents in Frankfort, Kansas. The property has been in service since 1988 and receives 4% Low-Income Housing Tax Credit financing. Management and leasing information is available through Marshall County contacts.
Property Details
Fair Market Rent - Marshall County, KS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $633 |
| 1 Bedroom | $675 |
| 2 Bedroom | $882 |
| 3 Bedroom | $1,243 |
| 4 Bedroom | $1,497 |
Income Limits - Marshall County, KS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,300
- Low (80%)
- $37,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,600
- Low (80%)
- $42,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,950
- Low (80%)
- $47,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,600
- Low (80%)
- $61,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,250
- Low (80%)
- $66,000
- Extremely Low (30%)
- $43,900
- Very Low (50%)
- $43,900
- Low (80%)
- $70,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,300 | $37,250 |
| 2 Persons | $17,420 | $26,600 | $42,600 |
| 3 Persons | $21,960 | $29,950 | $47,900 |
| 4 Persons | $26,500 | $33,250 | $53,200 |
| 5 Persons | $31,040 | $35,950 | $57,500 |
| 6 Persons | $35,580 | $38,600 | $61,750 |
| 7 Persons | $40,120 | $41,250 | $66,000 |
| 8 Persons | $43,900 | $43,900 | $70,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frankfort, KS?+
The Fair Market Rent (FMR) for Marshall County, KS is: $633 (Studio), $675 (1BR), $882 (2BR), $1243 (3BR), $1497 (4BR). Actual rent at subsidized properties like Elm Street Apts is typically 30% of household income or less.
What size apartments are available at Elm Street Apts?+
Elm Street Apts offers the following unit types: 12 One-Bedroom units, for a total of 12 units.
What is the price range for apartments in Frankfort, KS?+
Based on Fair Market Rent for Marshall County, the estimated price range is: 1-bedroom: $675. Actual rent at Elm Street Apts may be lower for income-eligible households.
Who manages Elm Street Apts?+
Elm Street Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Elm Street Apts?+
Elm Street 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 Elm Street Apts?+
Elm Street Apts primarily serves elderly residents. 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 Marshall County, KS?+
For a 4-person household in Marshall County, KS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,250, Low Income (80% AMI): $53,200. These limits are set by HUD and updated annually.
Contact Information
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Nearby Schools
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