About This Property
Cape Meadows comprises 48 low-income housing units in Cape Girardeau, Missouri, providing affordable housing for families and individuals experiencing homelessness. The property has been in service since 2006 and offers two-bedroom floor plans across all units. This community serves residents of Cape Girardeau County.
Property Details
Fair Market Rent - Cape Girardeau 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 | $685 |
| 1 Bedroom | $742 |
| 2 Bedroom | $933 |
| 3 Bedroom | $1,315 |
| 4 Bedroom | $1,540 |
Income Limits - Cape Girardeau County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,400
- Very Low (50%)
- $22,300
- Low (80%)
- $35,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,500
- Low (80%)
- $40,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,850
- Low (80%)
- $50,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,950
- Low (80%)
- $59,150
- Extremely Low (30%)
- $39,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $42,050
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,400 | $22,300 | $35,700 |
| 2 Persons | $17,420 | $25,500 | $40,800 |
| 3 Persons | $21,960 | $28,700 | $45,900 |
| 4 Persons | $26,500 | $31,850 | $50,950 |
| 5 Persons | $31,040 | $34,400 | $55,050 |
| 6 Persons | $35,580 | $36,950 | $59,150 |
| 7 Persons | $39,500 | $39,500 | $63,200 |
| 8 Persons | $42,050 | $42,050 | $67,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cape Girardeau, MO?+
The Fair Market Rent (FMR) for Cape Girardeau County, MO is: $685 (Studio), $742 (1BR), $933 (2BR), $1315 (3BR), $1540 (4BR). Actual rent at subsidized properties like Cape Meadows is typically 30% of household income or less.
What size apartments are available at Cape Meadows?+
Cape Meadows offers the following unit types: 48 Two-Bedroom units, for a total of 48 units.
Who is eligible to live at Cape Meadows?+
Cape Meadows primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cape Meadows?+
Cape Meadows 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 Cape Girardeau County, MO?+
For a 4-person household in Cape Girardeau County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,850, Low Income (80% AMI): $50,950. These limits are set by HUD and updated annually.
Who manages Cape Meadows?+
Cape Meadows is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cape Girardeau, MO?+
Based on Fair Market Rent for Cape Girardeau County, the estimated price range is: 2-bedroom: $933. Actual rent at Cape Meadows may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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