About This Property
Cedar Manor Apts II offers 24 one-bedroom units designed for low-income households in Boone, Iowa. The property has been in service since 2009 and serves families and disabled residents. All 24 units are designated as low-income housing.
Property Details
Fair Market Rent - Boone County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $614 |
| 1 Bedroom | $685 |
| 2 Bedroom | $900 |
| 3 Bedroom | $1,268 |
| 4 Bedroom | $1,348 |
Income Limits - Boone County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,800
- Low (80%)
- $44,450
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,700
- Low (80%)
- $57,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,650
- Low (80%)
- $63,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,850
- Low (80%)
- $68,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,000
- Low (80%)
- $73,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,350
- Low (80%)
- $83,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,800 | $44,450 |
| 2 Persons | $19,050 | $31,750 | $50,800 |
| 3 Persons | $21,960 | $35,700 | $57,150 |
| 4 Persons | $26,500 | $39,650 | $63,450 |
| 5 Persons | $31,040 | $42,850 | $68,550 |
| 6 Persons | $35,580 | $46,000 | $73,650 |
| 7 Persons | $40,120 | $49,200 | $78,700 |
| 8 Persons | $44,660 | $52,350 | $83,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Boone, IA?+
The Fair Market Rent (FMR) for Boone County, IA is: $614 (Studio), $685 (1BR), $900 (2BR), $1268 (3BR), $1348 (4BR). Actual rent at subsidized properties like Cedar Manor Apts Ii is typically 30% of household income or less.
What size apartments are available at Cedar Manor Apts Ii?+
Cedar Manor Apts Ii offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Boone County, IA?+
For a 4-person household in Boone County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,650, Low Income (80% AMI): $63,450. These limits are set by HUD and updated annually.
Who is eligible to live at Cedar Manor Apts Ii?+
Cedar Manor Apts Ii primarily serves families, persons with disabilities. 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 Cedar Manor Apts Ii?+
Cedar Manor Apts Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Cedar Manor Apts Ii?+
Cedar Manor Apts Ii is managed by . You can reach them at .
What is the price range for apartments in Boone, IA?+
Based on Fair Market Rent for Boone County, the estimated price range is: 1-bedroom: $685. Actual rent at Cedar Manor Apts Ii may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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