About This Property
Turtle Lake Villas comprises 24 low-income rental units in Turtle Lake, Wisconsin, with a mix of one-, two-, and three-bedroom floor plans. The property was placed in service in 1999 and operates under a 9% Low-Income Housing Tax Credit allocation. The development currently serves households at or below 60% area median income.
Property Details
Fair Market Rent - Polk 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 | $691 |
| 1 Bedroom | $776 |
| 2 Bedroom | $1,020 |
| 3 Bedroom | $1,233 |
| 4 Bedroom | $1,498 |
Income Limits - Polk County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Turtle Lake, WI?+
The Fair Market Rent (FMR) for Polk County, WI is: $691 (Studio), $776 (1BR), $1020 (2BR), $1233 (3BR), $1498 (4BR). Actual rent at subsidized properties like Turtle Lake Villas is typically 30% of household income or less.
What size apartments are available at Turtle Lake Villas?+
Turtle Lake Villas offers the following unit types: 2 One-Bedroom, 14 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Turtle Lake, WI?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $776, 2-bedroom: $1020, 3-bedroom: $1233. Actual rent at Turtle Lake Villas may be lower for income-eligible households.
Who manages Turtle Lake Villas?+
Turtle Lake Villas is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Polk County, WI?+
For a 4-person household in Polk County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
How do I apply for housing at Turtle Lake Villas?+
Turtle Lake Villas 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.
Contact Information
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Nearby Schools
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