About This Property
Cottage Hill offers 36 three-bedroom units in Kimberling City, Missouri, serving families, elderly, and disabled residents. The property has been in service since 2005 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. All units are designated as low-income housing.
Property Details
Fair Market Rent - Stone 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 | $613 |
| 1 Bedroom | $617 |
| 2 Bedroom | $811 |
| 3 Bedroom | $1,143 |
| 4 Bedroom | $1,376 |
Income Limits - Stone County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,550
- Low (80%)
- $32,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,500
- Low (80%)
- $37,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,700
- Low (80%)
- $50,750
- Extremely Low (30%)
- $34,050
- Very Low (50%)
- $34,050
- Low (80%)
- $54,500
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
- Extremely Low (30%)
- $38,750
- Very Low (50%)
- $38,750
- Low (80%)
- $62,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,550 | $32,900 |
| 2 Persons | $17,420 | $23,500 | $37,600 |
| 3 Persons | $21,960 | $26,450 | $42,300 |
| 4 Persons | $26,500 | $29,350 | $46,950 |
| 5 Persons | $31,040 | $31,700 | $50,750 |
| 6 Persons | $34,050 | $34,050 | $54,500 |
| 7 Persons | $36,400 | $36,400 | $58,250 |
| 8 Persons | $38,750 | $38,750 | $62,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kimberling City, MO?+
The Fair Market Rent (FMR) for Stone County, MO is: $613 (Studio), $617 (1BR), $811 (2BR), $1143 (3BR), $1376 (4BR). Actual rent at subsidized properties like Cottage Hill is typically 30% of household income or less.
What size apartments are available at Cottage Hill?+
Cottage Hill offers the following unit types: 36 Three-Bedroom units, for a total of 36 units.
Who is eligible to live at Cottage Hill?+
Cottage Hill primarily serves families, elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Stone County, MO?+
For a 4-person household in Stone County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,350, Low Income (80% AMI): $46,950. These limits are set by HUD and updated annually.
How do I apply for housing at Cottage Hill?+
Cottage Hill 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 Kimberling City, MO?+
Based on Fair Market Rent for Stone County, the estimated price range is: 3-bedroom: $1143. Actual rent at Cottage Hill may be lower for income-eligible households.
Who manages Cottage Hill?+
Cottage Hill is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
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