About This Property
Nickel River Apts in Durand contains 24 units across a mix of 12 two-bedroom and 12 three-bedroom floor plans. The property has served as an affordable housing resource since 1987 and maintains 22 low-income units with 9% LIHTC financing. The apartments are situated in Pepin County, Wisconsin.
Property Details
Fair Market Rent - Pepin 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 | $635 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,207 |
| 4 Bedroom | $1,536 |
Income Limits - Pepin County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,450
- Low (80%)
- $40,750
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,100
- Low (80%)
- $46,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,000
- Low (80%)
- $76,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,450 | $40,750 |
| 2 Persons | $17,450 | $29,100 | $46,550 |
| 3 Persons | $21,960 | $32,750 | $52,350 |
| 4 Persons | $26,500 | $36,350 | $58,150 |
| 5 Persons | $31,040 | $39,300 | $62,850 |
| 6 Persons | $35,580 | $42,200 | $67,500 |
| 7 Persons | $40,120 | $45,100 | $72,150 |
| 8 Persons | $44,660 | $48,000 | $76,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durand, WI?+
The Fair Market Rent (FMR) for Pepin County, WI is: $635 (Studio), $689 (1BR), $905 (2BR), $1207 (3BR), $1536 (4BR). Actual rent at subsidized properties like Nickel River Apts Durand is typically 30% of household income or less.
What size apartments are available at Nickel River Apts Durand?+
Nickel River Apts Durand offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Durand, WI?+
Based on Fair Market Rent for Pepin County, the estimated price range is: 2-bedroom: $905, 3-bedroom: $1207. Actual rent at Nickel River Apts Durand may be lower for income-eligible households.
How do I apply for housing at Nickel River Apts Durand?+
Nickel River Apts Durand 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 Nickel River Apts Durand?+
Nickel River Apts Durand is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Pepin County, WI?+
For a 4-person household in Pepin County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,350, Low Income (80% AMI): $58,150. These limits are set by HUD and updated annually.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.