About This Property
Bolivar Plaza Apts is a 32-unit apartment community in Bolivar, Missouri that serves low-income households. The property contains exclusively two-bedroom units and has been in service since 2000. The development is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Polk 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 | $638 |
| 1 Bedroom | $642 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,090 |
| 4 Bedroom | $1,285 |
Income Limits - Polk County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bolivar, MO?+
The Fair Market Rent (FMR) for Polk County, MO is: $638 (Studio), $642 (1BR), $797 (2BR), $1090 (3BR), $1285 (4BR). Actual rent at subsidized properties like Bolivar Plaza Apts Bolivar is typically 30% of household income or less.
What size apartments are available at Bolivar Plaza Apts Bolivar?+
Bolivar Plaza Apts Bolivar offers the following unit types: 32 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Bolivar, MO?+
Based on Fair Market Rent for Polk County, the estimated price range is: 2-bedroom: $797. Actual rent at Bolivar Plaza Apts Bolivar may be lower for income-eligible households.
What are the income limits for affordable housing in Polk County, MO?+
For a 4-person household in Polk County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. These limits are set by HUD and updated annually.
Who manages Bolivar Plaza Apts Bolivar?+
Bolivar Plaza Apts Bolivar is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bolivar Plaza Apts Bolivar?+
Bolivar Plaza Apts Bolivar 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.
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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