About This Property
Sunset Apts comprises 12 units designated for low-income residents in Winthrop, Minnesota. The property was placed in service in 1988 and operates in Sibley County.
Property Details
Fair Market Rent - Sibley 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 | $662 |
| 1 Bedroom | $762 |
| 2 Bedroom | $977 |
| 3 Bedroom | $1,245 |
| 4 Bedroom | $1,301 |
Income Limits - Sibley County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,300
- Very Low (50%)
- $27,150
- Low (80%)
- $43,400
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,900
- Low (80%)
- $55,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,750
- Low (80%)
- $62,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,050
- Low (80%)
- $76,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,150
- Low (80%)
- $81,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,300 | $27,150 | $43,400 |
| 2 Persons | $18,600 | $31,000 | $49,600 |
| 3 Persons | $21,960 | $34,900 | $55,800 |
| 4 Persons | $26,500 | $38,750 | $62,000 |
| 5 Persons | $31,040 | $41,850 | $67,000 |
| 6 Persons | $35,580 | $44,950 | $71,950 |
| 7 Persons | $40,120 | $48,050 | $76,900 |
| 8 Persons | $44,660 | $51,150 | $81,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Winthrop, MN?+
The Fair Market Rent (FMR) for Sibley County, MN is: $662 (Studio), $762 (1BR), $977 (2BR), $1245 (3BR), $1301 (4BR). Actual rent at subsidized properties like Sunset Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Sibley County, MN?+
For a 4-person household in Sibley County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,750, Low Income (80% AMI): $62,000. These limits are set by HUD and updated annually.
How do I apply for housing at Sunset Apts?+
Sunset Apts 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 Sunset Apts?+
Sunset Apts is managed by . You can reach them at . Visit their website for more information.