About This Property
Oaks offers 32 one-bedroom units designated for low-income households in Monett, Missouri. The property has been in service since 1991 and is located in Barry County. Interested parties may contact the property management for additional information.
Property Details
Fair Market Rent - Barry County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $603 |
| 1 Bedroom | $607 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,123 |
| 4 Bedroom | $1,158 |
Income Limits - Barry County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Monett, MO?+
The Fair Market Rent (FMR) for Barry County, MO is: $603 (Studio), $607 (1BR), $797 (2BR), $1123 (3BR), $1158 (4BR). Actual rent at subsidized properties like Oaks is typically 30% of household income or less.
What size apartments are available at Oaks?+
Oaks offers the following unit types: 32 One-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Barry County, MO?+
For a 4-person household in Barry County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. These limits are set by HUD and updated annually.
What is the price range for apartments in Monett, MO?+
Based on Fair Market Rent for Barry County, the estimated price range is: 1-bedroom: $607. Actual rent at Oaks may be lower for income-eligible households.
Who manages Oaks?+
Oaks is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Oaks?+
Oaks 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.
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Nearby Schools
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