About This Property
Osakis Townhomes comprises 12 low-income units in Osakis, Minnesota, with eight 2-bedroom and four 3-bedroom floor plans. The property was placed in service in 1999 and utilizes 9% Low-Income Housing Tax Credit financing. The community serves Douglas County residents seeking affordable rental housing options.
Property Details
Fair Market Rent - Douglas 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 | $672 |
| 1 Bedroom | $789 |
| 2 Bedroom | $962 |
| 3 Bedroom | $1,276 |
| 4 Bedroom | $1,281 |
Income Limits - Douglas County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,850
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $19,250
- Very Low (50%)
- $32,050
- Low (80%)
- $51,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,300
- Low (80%)
- $69,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,700
- Low (80%)
- $79,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,900
- Low (80%)
- $84,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,850 | $28,050 | $44,900 |
| 2 Persons | $19,250 | $32,050 | $51,300 |
| 3 Persons | $21,960 | $36,050 | $57,700 |
| 4 Persons | $26,500 | $40,050 | $64,100 |
| 5 Persons | $31,040 | $43,300 | $69,250 |
| 6 Persons | $35,580 | $46,500 | $74,400 |
| 7 Persons | $40,120 | $49,700 | $79,500 |
| 8 Persons | $44,660 | $52,900 | $84,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Osakis, MN?+
The Fair Market Rent (FMR) for Douglas County, MN is: $672 (Studio), $789 (1BR), $962 (2BR), $1276 (3BR), $1281 (4BR). Actual rent at subsidized properties like Osakis Townhomes is typically 30% of household income or less.
What size apartments are available at Osakis Townhomes?+
Osakis Townhomes offers the following unit types: 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 12 units.
How do I apply for housing at Osakis Townhomes?+
Osakis Townhomes 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 Osakis, MN?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 2-bedroom: $962, 3-bedroom: $1276. Actual rent at Osakis Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in Douglas County, MN?+
For a 4-person household in Douglas County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,050, Low Income (80% AMI): $64,100. These limits are set by HUD and updated annually.
Who manages Osakis Townhomes?+
Osakis Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
