
About This Property
Benton Place Apartments comprises 12 units in Rice, Minnesota, including 10 one-bedroom and 2 two-bedroom units. Eleven of the units serve low-income households. The property has been in service since 1995.
Property Details
Fair Market Rent - Benton County, MN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $877 |
| 1 Bedroom | $906 |
| 2 Bedroom | $1,155 |
| 3 Bedroom | $1,531 |
| 4 Bedroom | $1,820 |
Income Limits - Benton County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rice, MN?+
The Fair Market Rent (FMR) for Benton County, MN is: $877 (Studio), $906 (1BR), $1155 (2BR), $1531 (3BR), $1820 (4BR). Actual rent at subsidized properties like Benton Place Apartments is typically 30% of household income or less.
What size apartments are available at Benton Place Apartments?+
Benton Place Apartments offers the following unit types: 10 One-Bedroom, 2 Two-Bedroom units, for a total of 12 units.
Who manages Benton Place Apartments?+
Benton Place Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Benton County, MN?+
For a 4-person household in Benton County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
How do I apply for housing at Benton Place Apartments?+
Benton Place Apartments 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 Rice, MN?+
Based on Fair Market Rent for Benton County, the estimated price range is: 1-bedroom: $906, 2-bedroom: $1155. Actual rent at Benton Place Apartments may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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