About This Property
Jolly-Aire Apts comprises 83 one-bedroom units serving low-income households in Menomonee Falls, Wisconsin. The property was placed in service in 1998 and operates with 9% Low-Income Housing Tax Credits. This Waukesha County community offers rental housing for residents meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Waukesha 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 | $845 |
| 1 Bedroom | $979 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,460 |
| 4 Bedroom | $1,592 |
Income Limits - Waukesha County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,800
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,600
- Low (80%)
- $72,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,000
- Low (80%)
- $78,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,350
- Low (80%)
- $83,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,750
- Low (80%)
- $89,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,800 | $54,000 |
| 3 Persons | $22,800 | $38,000 | $60,750 |
| 4 Persons | $26,500 | $42,200 | $67,500 |
| 5 Persons | $31,040 | $45,600 | $72,900 |
| 6 Persons | $35,580 | $49,000 | $78,300 |
| 7 Persons | $40,120 | $52,350 | $83,700 |
| 8 Persons | $44,660 | $55,750 | $89,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Menomonee Falls, WI?+
The Fair Market Rent (FMR) for Waukesha County, WI is: $845 (Studio), $979 (1BR), $1170 (2BR), $1460 (3BR), $1592 (4BR). Actual rent at subsidized properties like Jolly-Aire Apts is typically 30% of household income or less.
What size apartments are available at Jolly-Aire Apts?+
Jolly-Aire Apts offers the following unit types: 83 One-Bedroom units, for a total of 83 units.
Who manages Jolly-Aire Apts?+
Jolly-Aire Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Menomonee Falls, WI?+
Based on Fair Market Rent for Waukesha County, the estimated price range is: 1-bedroom: $979. Actual rent at Jolly-Aire Apts may be lower for income-eligible households.
How do I apply for housing at Jolly-Aire Apts?+
Jolly-Aire 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 Waukesha County, WI?+
For a 4-person household in Waukesha County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,200, Low Income (80% AMI): $67,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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