About This Property
Buffalo Heights Apartments comprises 11 low-income units in Buffalo, Minnesota, with a mix of two 1-bedroom, seven 2-bedroom, and two 3-bedroom units. The property has been in service since 2005 and utilizes 9% Low-Income Housing Tax Credit financing. Wright County residents can inquire about availability and lease terms through the property management office.
Property Details
Fair Market Rent - Wright 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 | $1,174 |
| 1 Bedroom | $1,327 |
| 2 Bedroom | $1,622 |
| 3 Bedroom | $2,188 |
| 4 Bedroom | $2,478 |
Income Limits - Wright County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $42,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,650
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,050
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,750 | $55,950 |
| 2 Persons | $25,200 | $42,000 | $63,950 |
| 3 Persons | $28,350 | $47,250 | $71,950 |
| 4 Persons | $31,450 | $52,450 | $79,900 |
| 5 Persons | $34,000 | $56,650 | $86,300 |
| 6 Persons | $36,500 | $60,850 | $92,700 |
| 7 Persons | $40,120 | $65,050 | $99,100 |
| 8 Persons | $44,660 | $69,250 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Buffalo, MN?+
The Fair Market Rent (FMR) for Wright County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Buffalo Heights Apartments (Fka Lakeview Apartment is typically 30% of household income or less.
What size apartments are available at Buffalo Heights Apartments (Fka Lakeview Apartment?+
Buffalo Heights Apartments (Fka Lakeview Apartment offers the following unit types: 2 One-Bedroom, 7 Two-Bedroom, 2 Three-Bedroom units, for a total of 11 units.
Who is eligible to live at Buffalo Heights Apartments (Fka Lakeview Apartment?+
Buffalo Heights Apartments (Fka Lakeview Apartment primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Buffalo, MN?+
Based on Fair Market Rent for Wright County, the estimated price range is: 1-bedroom: $1327, 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Buffalo Heights Apartments (Fka Lakeview Apartment may be lower for income-eligible households.
What are the income limits for affordable housing in Wright County, MN?+
For a 4-person household in Wright County, MN, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Buffalo Heights Apartments (Fka Lakeview Apartment?+
Buffalo Heights Apartments (Fka Lakeview Apartment is managed by . You can reach them at .
How do I apply for housing at Buffalo Heights Apartments (Fka Lakeview Apartment?+
Buffalo Heights Apartments (Fka Lakeview Apartment 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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