About This Property
Albany Estates contains 20 low-income rental units in Albany, Missouri, consisting of eight 1-bedroom and twelve 2-bedroom apartments. The property was placed in service in 1993 and serves residents in Gentry County.
Property Details
Fair Market Rent - Gentry 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 | $601 |
| 1 Bedroom | $617 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,092 |
| 4 Bedroom | $1,353 |
Income Limits - Gentry County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,200
- Low (80%)
- $32,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,100
- Low (80%)
- $36,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,000
- Low (80%)
- $41,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,850
- Low (80%)
- $46,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,200
- Low (80%)
- $49,850
- Extremely Low (30%)
- $33,500
- Very Low (50%)
- $33,500
- Low (80%)
- $53,550
- Extremely Low (30%)
- $35,800
- Very Low (50%)
- $35,800
- Low (80%)
- $57,250
- Extremely Low (30%)
- $38,100
- Very Low (50%)
- $38,100
- Low (80%)
- $60,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,200 | $32,350 |
| 2 Persons | $17,420 | $23,100 | $36,950 |
| 3 Persons | $21,960 | $26,000 | $41,550 |
| 4 Persons | $26,500 | $28,850 | $46,150 |
| 5 Persons | $31,040 | $31,200 | $49,850 |
| 6 Persons | $33,500 | $33,500 | $53,550 |
| 7 Persons | $35,800 | $35,800 | $57,250 |
| 8 Persons | $38,100 | $38,100 | $60,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albany, MO?+
The Fair Market Rent (FMR) for Gentry County, MO is: $601 (Studio), $617 (1BR), $797 (2BR), $1092 (3BR), $1353 (4BR). Actual rent at subsidized properties like Albany Estates is typically 30% of household income or less.
What size apartments are available at Albany Estates?+
Albany Estates offers the following unit types: 8 One-Bedroom, 12 Two-Bedroom units, for a total of 20 units.
What is the price range for apartments in Albany, MO?+
Based on Fair Market Rent for Gentry County, the estimated price range is: 1-bedroom: $617, 2-bedroom: $797. Actual rent at Albany Estates may be lower for income-eligible households.
How do I apply for housing at Albany Estates?+
Albany Estates 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 Albany Estates?+
Albany Estates is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Gentry County, MO?+
For a 4-person household in Gentry County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,850, Low Income (80% AMI): $46,150. 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.