About This Property
New London Apts comprises 16 low-income units in New London, Missouri, with a unit mix of four one-bedroom and twelve two-bedroom apartments. The property has been in service since 1990 and is located in Ralls County. This affordable housing community serves low-income residents through its rental units.
Property Details
Fair Market Rent - Ralls 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 | $640 |
| 1 Bedroom | $646 |
| 2 Bedroom | $849 |
| 3 Bedroom | $1,106 |
| 4 Bedroom | $1,441 |
Income Limits - Ralls County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,550
- Low (80%)
- $37,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,000
- Low (80%)
- $62,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,700
- Low (80%)
- $66,650
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $44,400
- Low (80%)
- $70,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,550 | $37,650 |
| 2 Persons | $17,420 | $26,900 | $43,000 |
| 3 Persons | $21,960 | $30,250 | $48,400 |
| 4 Persons | $26,500 | $33,600 | $53,750 |
| 5 Persons | $31,040 | $36,300 | $58,050 |
| 6 Persons | $35,580 | $39,000 | $62,350 |
| 7 Persons | $40,120 | $41,700 | $66,650 |
| 8 Persons | $44,400 | $44,400 | $70,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New London, MO?+
The Fair Market Rent (FMR) for Ralls County, MO is: $640 (Studio), $646 (1BR), $849 (2BR), $1106 (3BR), $1441 (4BR). Actual rent at subsidized properties like New London Apts is typically 30% of household income or less.
What size apartments are available at New London Apts?+
New London Apts offers the following unit types: 4 One-Bedroom, 12 Two-Bedroom units, for a total of 16 units.
How do I apply for housing at New London Apts?+
New London 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 New London, MO?+
Based on Fair Market Rent for Ralls County, the estimated price range is: 1-bedroom: $646, 2-bedroom: $849. Actual rent at New London Apts may be lower for income-eligible households.
Who manages New London Apts?+
New London Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Ralls County, MO?+
For a 4-person household in Ralls County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,600, Low Income (80% AMI): $53,750. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
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