About This Property
Hinckley Square Apartments consists of 24 low-income units in Hinckley, Minnesota, with a mix of one-, two-, and three-bedroom floor plans. The property includes four one-bedroom units, sixteen two-bedroom units, and four three-bedroom units. The apartments were placed in service in 1993 and serve Pine County residents.
Property Details
Fair Market Rent - Pine 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 | $866 |
| 1 Bedroom | $872 |
| 2 Bedroom | $1,146 |
| 3 Bedroom | $1,393 |
| 4 Bedroom | $1,551 |
Income Limits - Pine 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 Hinckley, MN?+
The Fair Market Rent (FMR) for Pine County, MN is: $866 (Studio), $872 (1BR), $1146 (2BR), $1393 (3BR), $1551 (4BR). Actual rent at subsidized properties like Hinckley Square Apartments is typically 30% of household income or less.
What size apartments are available at Hinckley Square Apartments?+
Hinckley Square Apartments offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Hinckley, MN?+
Based on Fair Market Rent for Pine County, the estimated price range is: 1-bedroom: $872, 2-bedroom: $1146, 3-bedroom: $1393. Actual rent at Hinckley Square Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Pine County, MN?+
For a 4-person household in Pine 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.
How do I apply for housing at Hinckley Square Apartments?+
Hinckley Square 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.
Who manages Hinckley Square Apartments?+
Hinckley Square Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
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