About This Property
Village Plaza Apts offers 24 low-income units in Salem, Wisconsin, featuring 20 one-bedroom and four two-bedroom apartments. The property has been in service since 1993 and is financed through 4% Low-Income Housing Tax Credits. Interested parties can contact the property management for leasing and availability information.
Property Details
Fair Market Rent - Kenosha County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $996 |
| 1 Bedroom | $1,071 |
| 2 Bedroom | $1,401 |
| 3 Bedroom | $1,844 |
| 4 Bedroom | $2,081 |
Income Limits - Kenosha County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,600
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $58,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,300
- Low (80%)
- $75,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,550
- Low (80%)
- $80,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,800
- Low (80%)
- $86,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,550 | $45,650 |
| 2 Persons | $19,600 | $32,600 | $52,200 |
| 3 Persons | $22,050 | $36,700 | $58,700 |
| 4 Persons | $26,500 | $40,750 | $65,200 |
| 5 Persons | $31,040 | $44,050 | $70,450 |
| 6 Persons | $35,580 | $47,300 | $75,650 |
| 7 Persons | $40,120 | $50,550 | $80,850 |
| 8 Persons | $44,660 | $53,800 | $86,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Salem, WI?+
The Fair Market Rent (FMR) for Kenosha County, WI is: $996 (Studio), $1071 (1BR), $1401 (2BR), $1844 (3BR), $2081 (4BR). Actual rent at subsidized properties like Village Plaza Apts is typically 30% of household income or less.
What size apartments are available at Village Plaza Apts?+
Village Plaza Apts offers the following unit types: 20 One-Bedroom, 4 Two-Bedroom units, for a total of 24 units.
Who manages Village Plaza Apts?+
Village Plaza Apts is managed by . You can reach them at .
How do I apply for housing at Village Plaza Apts?+
Village Plaza Apts 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.
What is the price range for apartments in Salem, WI?+
Based on Fair Market Rent for Kenosha County, the estimated price range is: 1-bedroom: $1071, 2-bedroom: $1401. Actual rent at Village Plaza Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Kenosha County, WI?+
For a 4-person household in Kenosha County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,750, Low Income (80% AMI): $65,200. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
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