About This Property
Grand Oaks Townhomes comprises 24 units in Baxter, Minnesota, with 23 units designated as low-income housing. The community offers a mix of two-bedroom and three-bedroom townhomes designed to serve families, with 14 two-bedroom and 10 three-bedroom units. The property has been in service since 2005 and operates under 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Crow Wing County, MN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $748 |
| 1 Bedroom | $840 |
| 2 Bedroom | $1,104 |
| 3 Bedroom | $1,373 |
| 4 Bedroom | $1,556 |
Income Limits - Crow Wing County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Baxter, MN?+
The Fair Market Rent (FMR) for Crow Wing County, MN is: $748 (Studio), $840 (1BR), $1104 (2BR), $1373 (3BR), $1556 (4BR). Actual rent at subsidized properties like Grand Oaks Townhomes is typically 30% of household income or less.
What size apartments are available at Grand Oaks Townhomes?+
Grand Oaks Townhomes offers the following unit types: 14 Two-Bedroom, 10 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Baxter, MN?+
Based on Fair Market Rent for Crow Wing County, the estimated price range is: 2-bedroom: $1104, 3-bedroom: $1373. Actual rent at Grand Oaks Townhomes may be lower for income-eligible households.
Who is eligible to live at Grand Oaks Townhomes?+
Grand Oaks Townhomes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Grand Oaks Townhomes?+
Grand Oaks Townhomes is managed by . You can reach them at .
How do I apply for housing at Grand Oaks Townhomes?+
Grand Oaks Townhomes 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.
What are the income limits for affordable housing in Crow Wing County, MN?+
For a 4-person household in Crow Wing County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.
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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