Affordable Housing Hub
Low Income (LIHTC)

Benton Place Apartments

50 1st Ave NE Apt 7, Rice, MN, 56367

Information verified April 18, 2026·We re-check waiting list status daily

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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

Total Units
12
1 Bedroom
10
2 Bedroom
2

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$16,600
Very Low (50%)
$27,650
Low (80%)
$44,250
2 Persons
Extremely Low (30%)
$19,000
Very Low (50%)
$31,600
Low (80%)
$50,600
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,550
Low (80%)
$56,900
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,500
Low (80%)
$63,200
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,700
Low (80%)
$68,300
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$45,850
Low (80%)
$73,350
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,000
Low (80%)
$78,400
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,150
Low (80%)
$83,450

Tax Credit Program Details

Year Placed in Service
1995
Low-Income Units
11 / 12

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.

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Contact Information

Walk Score

Car-Dependent

34
Walk
41
Bike

Nearby Schools

PK,KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Benton County, MN

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