About This Property
Springwood Apts comprises 46 low-income units in Bismarck, Missouri, offering a mix of two, three, and four-bedroom apartments designed to serve families and disabled residents. The property has been in service since 2012 and utilizes 4% Low-Income Housing Tax Credits to maintain affordability. The unit breakdown includes 28 two-bedroom, 14 three-bedroom, and 4 four-bedroom units.
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 Springwood Apts is typically 30% of household income or less.
What size apartments are available at Springwood Apts?+
Springwood Apts offers the following unit types: 28 Two-Bedroom, 14 Three-Bedroom, 4 Four-Bedroom units, for a total of 46 units.
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.
How do I apply for housing at Springwood Apts?+
Springwood 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 Bismarck, MO?+
Based on Fair Market Rent for St. Francois County, the estimated price range is: 2-bedroom: $819, 3-bedroom: $1117. Actual rent at Springwood Apts may be lower for income-eligible households.
Who manages Springwood Apts?+
Springwood Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Springwood Apts?+
Springwood 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.
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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