About This Property
Peine Lakes Apts comprises 256 low-income units in Wentzville, Missouri, serving families and disabled residents. The community offers a range of unit sizes with 36 one-bedroom, 124 two-bedroom, and 96 three-bedroom apartments. The property was placed in service in 2006 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - St. Charles 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 - St. Charles 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 Wentzville, MO?+
The Fair Market Rent (FMR) for St. Charles County, MO is: $928 (Studio), $972 (1BR), $1209 (2BR), $1565 (3BR), $1818 (4BR). Actual rent at subsidized properties like Peine Lakes Apts is typically 30% of household income or less.
What size apartments are available at Peine Lakes Apts?+
Peine Lakes Apts offers the following unit types: 36 One-Bedroom, 124 Two-Bedroom, 96 Three-Bedroom units, for a total of 256 units.
Who is eligible to live at Peine Lakes Apts?+
Peine Lakes Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Peine Lakes Apts?+
Peine Lakes Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in St. Charles County, MO?+
For a 4-person household in St. Charles 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.
How do I apply for housing at Peine Lakes Apts?+
Peine Lakes 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 Wentzville, MO?+
Based on Fair Market Rent for St. Charles County, the estimated price range is: 1-bedroom: $972, 2-bedroom: $1209, 3-bedroom: $1565. Actual rent at Peine Lakes Apts may be lower for income-eligible households.
Contact Information
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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