About This Property
Sunrise Villa Apartments is a 42-unit community in Troy, Missouri that serves elderly residents. The property consists entirely of two-bedroom apartments and was placed in service in 2016. The development utilizes 9% Low-Income Housing Tax Credits to maintain affordability for its residents.
Property Details
Fair Market Rent - Lincoln 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 | $928 |
| 1 Bedroom | $972 |
| 2 Bedroom | $1,209 |
| 3 Bedroom | $1,565 |
| 4 Bedroom | $1,818 |
Income Limits - Lincoln County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,550
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,350
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,250
- Low (80%)
- $78,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,650
- Low (80%)
- $84,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,050
- Low (80%)
- $89,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,550 |
| 2 Persons | $20,400 | $34,000 | $54,350 |
| 3 Persons | $22,950 | $38,250 | $61,150 |
| 4 Persons | $26,500 | $42,450 | $67,900 |
| 5 Persons | $31,040 | $45,850 | $73,350 |
| 6 Persons | $35,580 | $49,250 | $78,800 |
| 7 Persons | $40,120 | $52,650 | $84,200 |
| 8 Persons | $44,660 | $56,050 | $89,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Troy, MO?+
The Fair Market Rent (FMR) for Lincoln County, MO is: $928 (Studio), $972 (1BR), $1209 (2BR), $1565 (3BR), $1818 (4BR). Actual rent at subsidized properties like Sunrise Villa Apartments is typically 30% of household income or less.
What size apartments are available at Sunrise Villa Apartments?+
Sunrise Villa Apartments offers the following unit types: 42 Two-Bedroom units.
What are the income limits for affordable housing in Lincoln County, MO?+
For a 4-person household in Lincoln County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,450, Low Income (80% AMI): $67,900. These limits are set by HUD and updated annually.
Who is eligible to live at Sunrise Villa Apartments?+
Sunrise Villa Apartments primarily serves elderly residents, Handicapped. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Sunrise Villa Apartments?+
Sunrise Villa Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sunrise Villa Apartments?+
Sunrise Villa Apartments 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 is the price range for apartments in Troy, MO?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 2-bedroom: $1209. Actual rent at Sunrise Villa Apartments may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Sunrise Villa Apartments
Troy Villa
Troy, MO
64 UnitsPeine Lakes Apts
Wentzville, MO
256 UnitsGateway Villas
Troy, MO
40 UnitsLincoln Villas
Troy, MO
36 UnitsLincoln Villas
Troy, MO
36 UnitsChestnut Ridge
Moscow Mills, MO
40 Units