About This Property
Sunshine Apartments contains 14 units designated for low-income residents in Morristown, Minnesota. The property was placed in service in 1992 and operates in Rice County.
Property Details
Fair Market Rent - Rice 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 | $913 |
| 1 Bedroom | $918 |
| 2 Bedroom | $1,206 |
| 3 Bedroom | $1,634 |
| 4 Bedroom | $1,932 |
Income Limits - Rice County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,300
- Low (80%)
- $48,450
- Extremely Low (30%)
- $20,800
- Very Low (50%)
- $34,600
- Low (80%)
- $55,350
- Extremely Low (30%)
- $23,400
- Very Low (50%)
- $38,950
- Low (80%)
- $62,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,750
- Low (80%)
- $74,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,200
- Low (80%)
- $80,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,650
- Low (80%)
- $85,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,100
- Low (80%)
- $91,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,200 | $30,300 | $48,450 |
| 2 Persons | $20,800 | $34,600 | $55,350 |
| 3 Persons | $23,400 | $38,950 | $62,250 |
| 4 Persons | $26,500 | $43,250 | $69,150 |
| 5 Persons | $31,040 | $46,750 | $74,700 |
| 6 Persons | $35,580 | $50,200 | $80,250 |
| 7 Persons | $40,120 | $53,650 | $85,750 |
| 8 Persons | $44,660 | $57,100 | $91,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Morristown, MN?+
The Fair Market Rent (FMR) for Rice County, MN is: $913 (Studio), $918 (1BR), $1206 (2BR), $1634 (3BR), $1932 (4BR). Actual rent at subsidized properties like Sunshine Apartments is typically 30% of household income or less.
What are the income limits for affordable housing in Rice County, MN?+
For a 4-person household in Rice County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,250, Low Income (80% AMI): $69,150. These limits are set by HUD and updated annually.
Who manages Sunshine Apartments?+
Sunshine Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sunshine Apartments?+
Sunshine Apartments 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.
Contact Information
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