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 |
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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.
Who manages Sunset Apts?+
Sunset Apts is managed by . You can reach them at . Visit their website for more information.
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.