About This Property
Farm Villas contains 24 studio units designated for low-income households in Farmington, Missouri. The property was placed in service in 1992 and serves St. Francois County residents.
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 Farmington, 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 Farm Villas is typically 30% of household income or less.
What size apartments are available at Farm Villas?+
Farm Villas offers the following unit types: 24 Studio units, for a total of 24 units.
How do I apply for housing at Farm Villas?+
Farm Villas 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.
Who manages Farm Villas?+
Farm Villas is managed by . You can reach them at . Visit their website for more information.
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.
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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