About This Property
Russellville Estates comprises 16 low-income residential units in Russellville, Missouri, within Cole County. The property was placed in service in 1990 and includes four one-bedroom units and twelve two-bedroom units. The development is managed to serve households with lower incomes.
Property Details
Fair Market Rent - Cole 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 | $646 |
| 1 Bedroom | $650 |
| 2 Bedroom | $824 |
| 3 Bedroom | $1,161 |
| 4 Bedroom | $1,207 |
Income Limits - Cole County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,850
- Low (80%)
- $42,950
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,600
- Low (80%)
- $76,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,650
- Low (80%)
- $81,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,850 | $42,950 |
| 2 Persons | $18,400 | $30,700 | $49,100 |
| 3 Persons | $21,960 | $34,550 | $55,250 |
| 4 Persons | $26,500 | $38,350 | $61,350 |
| 5 Persons | $31,040 | $41,450 | $66,300 |
| 6 Persons | $35,580 | $44,500 | $71,200 |
| 7 Persons | $40,120 | $47,600 | $76,100 |
| 8 Persons | $44,660 | $50,650 | $81,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Russellville, MO?+
The Fair Market Rent (FMR) for Cole County, MO is: $646 (Studio), $650 (1BR), $824 (2BR), $1161 (3BR), $1207 (4BR). Actual rent at subsidized properties like Russellville Estates is typically 30% of household income or less.
What size apartments are available at Russellville Estates?+
Russellville Estates offers the following unit types: 4 One-Bedroom, 12 Two-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Cole County, MO?+
For a 4-person household in Cole County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,350, Low Income (80% AMI): $61,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Russellville, MO?+
Based on Fair Market Rent for Cole County, the estimated price range is: 1-bedroom: $650, 2-bedroom: $824. Actual rent at Russellville Estates may be lower for income-eligible households.
How do I apply for housing at Russellville Estates?+
Russellville Estates 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.
Who manages Russellville Estates?+
Russellville Estates is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.