About This Property
Bismarck Villa offers 12 low-income residential units in Bismarck, Missouri, consisting of four one-bedroom and eight two-bedroom apartments. The property has been in service since 1990 and provides housing options for qualified residents in St. Francois County.
Property Details
Fair Market Rent - St. Francois 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 | $617 |
| 1 Bedroom | $623 |
| 2 Bedroom | $819 |
| 3 Bedroom | $1,117 |
| 4 Bedroom | $1,122 |
Income Limits - St. Francois County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,200
- Very Low (50%)
- $22,050
- Low (80%)
- $35,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,350
- Low (80%)
- $45,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,450
- Low (80%)
- $50,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,000
- Low (80%)
- $54,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,500
- Low (80%)
- $58,350
- Extremely Low (30%)
- $39,000
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $41,550
- Very Low (50%)
- $41,550
- Low (80%)
- $66,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,200 | $22,050 | $35,250 |
| 2 Persons | $17,420 | $25,200 | $40,250 |
| 3 Persons | $21,960 | $28,350 | $45,300 |
| 4 Persons | $26,500 | $31,450 | $50,300 |
| 5 Persons | $31,040 | $34,000 | $54,350 |
| 6 Persons | $35,580 | $36,500 | $58,350 |
| 7 Persons | $39,000 | $39,000 | $62,400 |
| 8 Persons | $41,550 | $41,550 | $66,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bismarck, MO?+
The Fair Market Rent (FMR) for St. Francois County, MO is: $617 (Studio), $623 (1BR), $819 (2BR), $1117 (3BR), $1122 (4BR). Actual rent at subsidized properties like Bismarck Villa is typically 30% of household income or less.
What size apartments are available at Bismarck Villa?+
Bismarck Villa offers the following unit types: 4 One-Bedroom, 8 Two-Bedroom units, for a total of 12 units.
How do I apply for housing at Bismarck Villa?+
Bismarck Villa 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 are the income limits for affordable housing in St. Francois County, MO?+
For a 4-person household in St. Francois County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,450, Low Income (80% AMI): $50,300. These limits are set by HUD and updated annually.
Who manages Bismarck Villa?+
Bismarck Villa is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bismarck, MO?+
Based on Fair Market Rent for St. Francois County, the estimated price range is: 1-bedroom: $623, 2-bedroom: $819. Actual rent at Bismarck Villa may be lower for income-eligible households.
Contact Information
Location
St. Francois County, MO
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