About This Property
Onamia Town Square provides 39 low-income rental units in Onamia, Minnesota, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1996 and is financed through 4% Low-Income Housing Tax Credits. The community offers a range of unit sizes to accommodate different household compositions.
Property Details
Fair Market Rent - Mille Lacs 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 | $855 |
| 1 Bedroom | $861 |
| 2 Bedroom | $1,131 |
| 3 Bedroom | $1,440 |
| 4 Bedroom | $1,919 |
Income Limits - Mille Lacs County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Onamia, MN?+
The Fair Market Rent (FMR) for Mille Lacs County, MN is: $855 (Studio), $861 (1BR), $1131 (2BR), $1440 (3BR), $1919 (4BR). Actual rent at subsidized properties like Onamia Town Square is typically 30% of household income or less.
What size apartments are available at Onamia Town Square?+
Onamia Town Square offers the following unit types: 14 One-Bedroom, 17 Two-Bedroom, 8 Three-Bedroom units, for a total of 39 units.
Who manages Onamia Town Square?+
Onamia Town Square is managed by . You can reach them at .
How do I apply for housing at Onamia Town Square?+
Onamia Town Square is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 are the income limits for affordable housing in Mille Lacs County, MN?+
For a 4-person household in Mille Lacs County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.
What is the price range for apartments in Onamia, MN?+
Based on Fair Market Rent for Mille Lacs County, the estimated price range is: 1-bedroom: $861, 2-bedroom: $1131, 3-bedroom: $1440. Actual rent at Onamia Town Square may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car