About This Property
Montgomery City Apts comprises 32 low-income units in Montgomery City, Missouri, with a mix of 12 one-bedroom, 14 two-bedroom, and 6 three-bedroom units. The property was placed in service in 2004 and receives 4% Low-Income Housing Tax Credit funding. It is financed through tax-exempt bonds.
Property Details
Fair Market Rent - Montgomery 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 | $1,208 |
Income Limits - Montgomery County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,100
- Low (80%)
- $32,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,000
- Low (80%)
- $36,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,850
- Low (80%)
- $41,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $31,000
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $33,300
- Very Low (50%)
- $33,300
- Low (80%)
- $53,250
- Extremely Low (30%)
- $35,600
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $37,900
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,100 | $32,150 |
| 2 Persons | $17,420 | $23,000 | $36,750 |
| 3 Persons | $21,960 | $25,850 | $41,350 |
| 4 Persons | $26,500 | $28,700 | $45,900 |
| 5 Persons | $31,000 | $31,000 | $49,600 |
| 6 Persons | $33,300 | $33,300 | $53,250 |
| 7 Persons | $35,600 | $35,600 | $56,950 |
| 8 Persons | $37,900 | $37,900 | $60,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Montgomery City, MO?+
The Fair Market Rent (FMR) for Montgomery County, MO is: $603 (Studio), $607 (1BR), $797 (2BR), $1123 (3BR), $1208 (4BR). Actual rent at subsidized properties like Montgomery City Apts is typically 30% of household income or less.
What size apartments are available at Montgomery City Apts?+
Montgomery City Apts offers the following unit types: 12 One-Bedroom, 14 Two-Bedroom, 6 Three-Bedroom units, for a total of 32 units.
Who manages Montgomery City Apts?+
Montgomery City Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Montgomery City Apts?+
Montgomery City 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.
What is the price range for apartments in Montgomery City, MO?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $607, 2-bedroom: $797, 3-bedroom: $1123. Actual rent at Montgomery City Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Montgomery County, MO?+
For a 4-person household in Montgomery County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,700, Low Income (80% AMI): $45,900. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.