About This Property
Pine Ridge Apartments offers 40 two-bedroom units in Farmington designed to serve elderly residents with low incomes. The property has been in service since 2017 and receives 9% Low-Income Housing Tax Credit funding. This 40-unit community provides affordable rental housing options 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 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 Pine Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Pine Ridge Apartments?+
Pine Ridge Apartments offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Pine Ridge Apartments?+
Pine Ridge Apartments primarily serves elderly residents, Handicapped. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Pine Ridge Apartments?+
Pine Ridge Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Farmington, MO?+
Based on Fair Market Rent for St. Francois County, the estimated price range is: 2-bedroom: $819. Actual rent at Pine Ridge Apartments may be lower for income-eligible households.
How do I apply for housing at Pine Ridge Apartments?+
Pine Ridge Apartments 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.
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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