About This Property
Elmo Elderly Living Center contains 10 one-bedroom units in Elmo, MT, with 8 units designated as low-income housing. The property has been in service since 2001 and serves elderly residents. This facility is situated in Lake County.
Property Details
Fair Market Rent - Lake County, MT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $633 |
| 1 Bedroom | $743 |
| 2 Bedroom | $934 |
| 3 Bedroom | $1,175 |
| 4 Bedroom | $1,244 |
Income Limits - Lake County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elmo, MT?+
The Fair Market Rent (FMR) for Lake County, MT is: $633 (Studio), $743 (1BR), $934 (2BR), $1175 (3BR), $1244 (4BR). Actual rent at subsidized properties like Elmo Elderly Living Center is typically 30% of household income or less.
What size apartments are available at Elmo Elderly Living Center?+
Elmo Elderly Living Center offers the following unit types: 10 One-Bedroom units, for a total of 10 units.
What is the price range for apartments in Elmo, MT?+
Based on Fair Market Rent for Lake County, the estimated price range is: 1-bedroom: $743. Actual rent at Elmo Elderly Living Center may be lower for income-eligible households.
What are the income limits for affordable housing in Lake County, MT?+
For a 4-person household in Lake County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
Who is eligible to live at Elmo Elderly Living Center?+
Elmo Elderly Living Center primarily serves elderly residents, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Elmo Elderly Living Center?+
Elmo Elderly Living Center is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Elmo Elderly Living Center?+
Elmo Elderly Living Center is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car