About This Property
Onamia Town Square provides 39 low-income residential units in Onamia, Minnesota, with a mix of one, two, and three-bedroom floor plans. The property has been in service since 1996 and is funded through 4% Low-Income Housing Tax Credits. This development includes 14 one-bedroom units, 17 two-bedroom units, and 8 three-bedroom units to serve households of varying sizes.
Property Details
Fair Market Rent - Mille Lacs 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 | $855 |
| 1 Bedroom | $861 |
| 2 Bedroom | $1,131 |
| 3 Bedroom | $1,440 |
| 4 Bedroom | $1,919 |
Income Limits - Mille Lacs 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 Onamia, MN?+
The Fair Market Rent (FMR) for Mille Lacs County, MN is: $855 (Studio), $861 (1BR), $1131 (2BR), $1440 (3BR), $1919 (4BR). Actual rent at subsidized properties like Onamia Town Square is typically 30% of household income or less.
What size apartments are available at Onamia Town Square?+
Onamia Town Square offers the following unit types: 14 One-Bedroom, 17 Two-Bedroom, 8 Three-Bedroom units, for a total of 39 units.
What are the income limits for affordable housing in Mille Lacs County, MN?+
For a 4-person household in Mille Lacs 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.
How do I apply for housing at Onamia Town Square?+
Onamia Town Square 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 Onamia Town Square?+
Onamia Town Square is managed by . You can reach them at .
What is the price range for apartments in Onamia, MN?+
Based on Fair Market Rent for Mille Lacs County, the estimated price range is: 1-bedroom: $861, 2-bedroom: $1131, 3-bedroom: $1440. Actual rent at Onamia Town Square may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car