About This Property
Prairie Villa I contains 12 low-income residential units in Blooming Prairie, Minnesota. The property features six 2-bedroom and six 3-bedroom apartments and has been in service since 1999. Steele County residents seeking affordable housing options can contact the property for availability and application information.
Property Details
Fair Market Rent - Steele 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 | $808 |
| 1 Bedroom | $814 |
| 2 Bedroom | $1,061 |
| 3 Bedroom | $1,495 |
| 4 Bedroom | $1,801 |
Income Limits - Steele County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,450
- Low (80%)
- $53,550
- Extremely Low (30%)
- $22,600
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,800
- Low (80%)
- $66,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,150
- Low (80%)
- $72,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,500
- Low (80%)
- $77,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,850
- Low (80%)
- $83,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,200
- Low (80%)
- $88,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,600 | $29,300 | $46,850 |
| 2 Persons | $20,100 | $33,450 | $53,550 |
| 3 Persons | $22,600 | $37,650 | $60,250 |
| 4 Persons | $26,500 | $41,800 | $66,900 |
| 5 Persons | $31,040 | $45,150 | $72,300 |
| 6 Persons | $35,580 | $48,500 | $77,650 |
| 7 Persons | $40,120 | $51,850 | $83,000 |
| 8 Persons | $44,660 | $55,200 | $88,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Blooming Prairie, MN?+
The Fair Market Rent (FMR) for Steele County, MN is: $808 (Studio), $814 (1BR), $1061 (2BR), $1495 (3BR), $1801 (4BR). Actual rent at subsidized properties like Prairie Villa I is typically 30% of household income or less.
What size apartments are available at Prairie Villa I?+
Prairie Villa I offers the following unit types: 6 Two-Bedroom, 6 Three-Bedroom units, for a total of 12 units.
How do I apply for housing at Prairie Villa I?+
Prairie Villa I 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 Steele County, MN?+
For a 4-person household in Steele County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,800, Low Income (80% AMI): $66,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Blooming Prairie, MN?+
Based on Fair Market Rent for Steele County, the estimated price range is: 2-bedroom: $1061, 3-bedroom: $1495. Actual rent at Prairie Villa I may be lower for income-eligible households.
Who manages Prairie Villa I?+
Prairie Villa I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car