About This Property
Oak Grove Heights Apts comprises 36 low-income rental units in Bolivar, Missouri, with a unit mix of eight 1-bedroom and twenty-eight 2-bedroom apartments. The property has been in service since 1989 and continues to provide affordable housing options for Polk County residents. Interested parties can contact the management office for additional information regarding availability and lease terms.
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 Oak Grove Heights Apts is typically 30% of household income or less.
What size apartments are available at Oak Grove Heights Apts?+
Oak Grove Heights Apts offers the following unit types: 8 One-Bedroom, 28 Two-Bedroom units, for a total of 36 units.
How do I apply for housing at Oak Grove Heights Apts?+
Oak Grove Heights 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 Bolivar, MO?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $642, 2-bedroom: $797. Actual rent at Oak Grove Heights Apts 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 Oak Grove Heights Apts?+
Oak Grove Heights Apts is managed by . You can reach them at . Visit their website for more information.