About This Property
Meadow Run Townhomes comprises 12 low-income townhome units in Menahga, Minnesota, with eight 2-bedroom and four 3-bedroom floor plans. The property has been in service since 1996 and operates with 9% Low-Income Housing Tax Credits. This Wadena County community provides affordable rental housing options for families and individuals meeting income eligibility requirements.
Property Details
Fair Market Rent - Wadena 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 | $660 |
| 1 Bedroom | $756 |
| 2 Bedroom | $974 |
| 3 Bedroom | $1,178 |
| 4 Bedroom | $1,297 |
Income Limits - Wadena 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 Menahga, MN?+
The Fair Market Rent (FMR) for Wadena County, MN is: $660 (Studio), $756 (1BR), $974 (2BR), $1178 (3BR), $1297 (4BR). Actual rent at subsidized properties like Meadow Run Townhomes is typically 30% of household income or less.
What size apartments are available at Meadow Run Townhomes?+
Meadow Run Townhomes offers the following unit types: 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 12 units.
Who manages Meadow Run Townhomes?+
Meadow Run Townhomes is managed by . You can reach them at .
How do I apply for housing at Meadow Run Townhomes?+
Meadow Run Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 is the price range for apartments in Menahga, MN?+
Based on Fair Market Rent for Wadena County, the estimated price range is: 2-bedroom: $974, 3-bedroom: $1178. Actual rent at Meadow Run Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in Wadena County, MN?+
For a 4-person household in Wadena 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.
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