About This Property
Homestead Apts offers 16 low-income units in Sheridan, Wyoming, comprising fifteen 1-bedroom and one 2-bedroom apartment. The property has served elderly residents since being placed in service in 1995 and utilizes 4% Low-Income Housing Tax Credits to maintain affordability. Contact information and management details are available upon request.
Property Details
Fair Market Rent - Sheridan County, WY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $875 |
| 1 Bedroom | $876 |
| 2 Bedroom | $1,145 |
| 3 Bedroom | $1,384 |
| 4 Bedroom | $1,802 |
Income Limits - Sheridan County, WY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,050
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $19,500
- Very Low (50%)
- $32,450
- Low (80%)
- $51,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,500
- Low (80%)
- $58,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,550
- Low (80%)
- $64,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,050
- Low (80%)
- $75,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,300
- Low (80%)
- $80,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,550
- Low (80%)
- $85,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,050 | $28,400 | $45,450 |
| 2 Persons | $19,500 | $32,450 | $51,950 |
| 3 Persons | $21,960 | $36,500 | $58,450 |
| 4 Persons | $26,500 | $40,550 | $64,900 |
| 5 Persons | $31,040 | $43,800 | $70,100 |
| 6 Persons | $35,580 | $47,050 | $75,300 |
| 7 Persons | $40,120 | $50,300 | $80,500 |
| 8 Persons | $44,660 | $53,550 | $85,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sheridan, WY?+
The Fair Market Rent (FMR) for Sheridan County, WY is: $875 (Studio), $876 (1BR), $1145 (2BR), $1384 (3BR), $1802 (4BR). Actual rent at subsidized properties like Homestead Apts is typically 30% of household income or less.
What size apartments are available at Homestead Apts?+
Homestead Apts offers the following unit types: 15 One-Bedroom, 1 Two-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Sheridan County, WY?+
For a 4-person household in Sheridan County, WY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,550, Low Income (80% AMI): $64,900. These limits are set by HUD and updated annually.
Who manages Homestead Apts?+
Homestead Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Homestead Apts?+
Homestead Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Homestead Apts?+
Homestead 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 is the price range for apartments in Sheridan, WY?+
Based on Fair Market Rent for Sheridan County, the estimated price range is: 1-bedroom: $876, 2-bedroom: $1145. Actual rent at Homestead Apts may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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