About This Property
Edgewater Terrace provides 40 apartments in Two Rivers, Wisconsin, with a unit mix of 36 two-bedroom and 4 three-bedroom floor plans. The property includes 4 designated low-income units and has been in service since 2015. This Manitowoc County community serves residents seeking rental housing options.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Manitowoc 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,094 |
| 4 Bedroom | $1,216 |
Income Limits - Manitowoc County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Two Rivers, WI?+
The Fair Market Rent (FMR) for Manitowoc County, WI is: $684 (Studio), $689 (1BR), $905 (2BR), $1094 (3BR), $1216 (4BR). Actual rent at subsidized properties like Edgewater Terrace is typically 30% of household income or less.
What size apartments are available at Edgewater Terrace?+
Edgewater Terrace offers the following unit types: 36 Two-Bedroom, 4 Three-Bedroom units, for a total of 40 units.
What is the price range for apartments in Two Rivers, WI?+
Based on Fair Market Rent for Manitowoc County, the estimated price range is: 2-bedroom: $905, 3-bedroom: $1094. Actual rent at Edgewater Terrace may be lower for income-eligible households.
How do I apply for housing at Edgewater Terrace?+
Edgewater Terrace 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 Manitowoc County, WI?+
For a 4-person household in Manitowoc County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
What is the HUD inspection score for Edgewater Terrace?+
Edgewater Terrace has a HUD inspection score of 86 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Edgewater Terrace?+
Edgewater Terrace is managed by . You can reach them at . Visit their website for more information.
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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