About This Property
Gallatin Plaza Apts offers 30 low-income housing units in Gallatin, Missouri, consisting of 26 two-bedroom and 4 three-bedroom apartments. The property was placed in service in 1996 and receives 9% Low-Income Housing Tax Credit funding. Management and leasing information are available through the property contact.
Property Details
Fair Market Rent - Daviess 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 | $601 |
| 1 Bedroom | $607 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,081 |
| 4 Bedroom | $1,241 |
Income Limits - Daviess County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,850
- Low (80%)
- $34,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,650
- Low (80%)
- $53,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,150
- Low (80%)
- $57,850
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $41,150
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,900 |
| 2 Persons | $17,420 | $24,950 | $39,900 |
| 3 Persons | $21,960 | $28,050 | $44,900 |
| 4 Persons | $26,500 | $31,150 | $49,850 |
| 5 Persons | $31,040 | $33,650 | $53,850 |
| 6 Persons | $35,580 | $36,150 | $57,850 |
| 7 Persons | $38,650 | $38,650 | $61,850 |
| 8 Persons | $41,150 | $41,150 | $65,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gallatin, MO?+
The Fair Market Rent (FMR) for Daviess County, MO is: $601 (Studio), $607 (1BR), $797 (2BR), $1081 (3BR), $1241 (4BR). Actual rent at subsidized properties like Gallatin Plaza Apts is typically 30% of household income or less.
What size apartments are available at Gallatin Plaza Apts?+
Gallatin Plaza Apts offers the following unit types: 26 Two-Bedroom, 4 Three-Bedroom units, for a total of 30 units.
How do I apply for housing at Gallatin Plaza Apts?+
Gallatin Plaza Apts 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 Gallatin Plaza Apts?+
Gallatin Plaza Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Daviess County, MO?+
For a 4-person household in Daviess County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,150, Low Income (80% AMI): $49,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Gallatin, MO?+
Based on Fair Market Rent for Daviess County, the estimated price range is: 2-bedroom: $797, 3-bedroom: $1081. Actual rent at Gallatin Plaza Apts 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.