About This Property
Preston Square Apts offers 20 low-income rental units in Reedsburg, Wisconsin, consisting of eight one-bedroom and twelve two-bedroom apartments. The property has been in service since 1989 and receives 4% Low-Income Housing Tax Credit financing. Management and leasing inquiries can be directed to the property contact.
Property Details
Fair Market Rent - Sauk 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 | $753 |
| 1 Bedroom | $877 |
| 2 Bedroom | $1,042 |
| 3 Bedroom | $1,359 |
| 4 Bedroom | $1,388 |
Income Limits - Sauk County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Reedsburg, WI?+
The Fair Market Rent (FMR) for Sauk County, WI is: $753 (Studio), $877 (1BR), $1042 (2BR), $1359 (3BR), $1388 (4BR). Actual rent at subsidized properties like Preston Square Apts is typically 30% of household income or less.
What size apartments are available at Preston Square Apts?+
Preston Square Apts offers the following unit types: 8 One-Bedroom, 12 Two-Bedroom units, for a total of 20 units.
How do I apply for housing at Preston Square Apts?+
Preston Square Apts 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 Sauk County, WI?+
For a 4-person household in Sauk County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Reedsburg, WI?+
Based on Fair Market Rent for Sauk County, the estimated price range is: 1-bedroom: $877, 2-bedroom: $1042. Actual rent at Preston Square Apts may be lower for income-eligible households.
Who manages Preston Square Apts?+
Preston Square Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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