About This Property
Pelican Rapids Townhomes comprises 40 units in Otter Tail County, Minnesota, with 39 designated as low-income housing. The property features 18 two-bedroom and 22 three-bedroom townhomes and has been in service since 1998. The development is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Otter Tail 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 | $640 |
| 1 Bedroom | $718 |
| 2 Bedroom | $944 |
| 3 Bedroom | $1,289 |
| 4 Bedroom | $1,395 |
Income Limits - Otter Tail 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pelican Rapids, MN?+
The Fair Market Rent (FMR) for Otter Tail County, MN is: $640 (Studio), $718 (1BR), $944 (2BR), $1289 (3BR), $1395 (4BR). Actual rent at subsidized properties like Pelican Rapids Townhomes is typically 30% of household income or less.
What size apartments are available at Pelican Rapids Townhomes?+
Pelican Rapids Townhomes offers the following unit types: 18 Two-Bedroom, 22 Three-Bedroom units, for a total of 40 units.
How do I apply for housing at Pelican Rapids Townhomes?+
Pelican Rapids 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 are the income limits for affordable housing in Otter Tail County, MN?+
For a 4-person household in Otter Tail 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.
Who manages Pelican Rapids Townhomes?+
Pelican Rapids Townhomes is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Pelican Rapids, MN?+
Based on Fair Market Rent for Otter Tail County, the estimated price range is: 2-bedroom: $944, 3-bedroom: $1289. Actual rent at Pelican Rapids Townhomes may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
