About This Property
Cardinal Apts offers 24 low-income units in Lincoln, Missouri, consisting of eighteen 2-bedroom and six 3-bedroom apartments. The property, which has been in service since 1997, is non-profit owned and financed through 9% Low-Income Housing Tax Credits. Units are available for eligible low-income households.
Property Details
Fair Market Rent - Benton County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $616 |
| 1 Bedroom | $622 |
| 2 Bedroom | $817 |
| 3 Bedroom | $1,071 |
| 4 Bedroom | $1,227 |
Income Limits - Benton County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lincoln, MO?+
The Fair Market Rent (FMR) for Benton County, MO is: $616 (Studio), $622 (1BR), $817 (2BR), $1071 (3BR), $1227 (4BR). Actual rent at subsidized properties like Cardinal Apts is typically 30% of household income or less.
What size apartments are available at Cardinal Apts?+
Cardinal Apts offers the following unit types: 18 Two-Bedroom, 6 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Cardinal Apts?+
Cardinal 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.
Who manages Cardinal Apts?+
Cardinal Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lincoln, MO?+
Based on Fair Market Rent for Benton County, the estimated price range is: 2-bedroom: $817, 3-bedroom: $1071. Actual rent at Cardinal Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Benton County, MO?+
For a 4-person household in Benton County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. 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.