About This Property
Burlington Place Apartments comprises 32 units in Holdrege, Nebraska, with 25 designated as low-income housing. The community features 12 one-bedroom and 18 two-bedroom units and has been in service since 1998. The property receives 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Phelps County, NE
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $591 |
| 1 Bedroom | $743 |
| 2 Bedroom | $872 |
| 3 Bedroom | $1,229 |
| 4 Bedroom | $1,342 |
Income Limits - Phelps County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,100
- Low (80%)
- $43,300
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,800
- Low (80%)
- $55,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,750
- Low (80%)
- $66,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,850
- Low (80%)
- $71,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,950
- Low (80%)
- $76,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,100 | $43,300 |
| 2 Persons | $18,600 | $30,950 | $49,500 |
| 3 Persons | $21,960 | $34,800 | $55,700 |
| 4 Persons | $26,500 | $38,650 | $61,850 |
| 5 Persons | $31,040 | $41,750 | $66,800 |
| 6 Persons | $35,580 | $44,850 | $71,750 |
| 7 Persons | $40,120 | $47,950 | $76,700 |
| 8 Persons | $44,660 | $51,050 | $81,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Holdrege, NE?+
The Fair Market Rent (FMR) for Phelps County, NE is: $591 (Studio), $743 (1BR), $872 (2BR), $1229 (3BR), $1342 (4BR). Actual rent at subsidized properties like Burlington Place Apartments is typically 30% of household income or less.
What size apartments are available at Burlington Place Apartments?+
Burlington Place Apartments offers the following unit types: 12 One-Bedroom, 18 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Holdrege, NE?+
Based on Fair Market Rent for Phelps County, the estimated price range is: 1-bedroom: $743, 2-bedroom: $872. Actual rent at Burlington Place Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Phelps County, NE?+
For a 4-person household in Phelps County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,650, Low Income (80% AMI): $61,850. These limits are set by HUD and updated annually.
How do I apply for housing at Burlington Place Apartments?+
Burlington Place 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.
Who manages Burlington Place Apartments?+
Burlington Place Apartments is managed by . You can reach them at . Visit their website for more information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.