About This Property
School House Apts in Mineral Point offers 11 apartments with a mix of 2 one-bedroom and 9 two-bedroom units. Six units serve low-income households and the property has been in service since 1999. The development utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Iowa County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $669 |
| 1 Bedroom | $751 |
| 2 Bedroom | $987 |
| 3 Bedroom | $1,279 |
| 4 Bedroom | $1,371 |
Income Limits - Iowa County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,600
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $58,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,300
- Low (80%)
- $75,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,550
- Low (80%)
- $80,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,800
- Low (80%)
- $86,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,550 | $45,650 |
| 2 Persons | $19,600 | $32,600 | $52,200 |
| 3 Persons | $22,050 | $36,700 | $58,700 |
| 4 Persons | $26,500 | $40,750 | $65,200 |
| 5 Persons | $31,040 | $44,050 | $70,450 |
| 6 Persons | $35,580 | $47,300 | $75,650 |
| 7 Persons | $40,120 | $50,550 | $80,850 |
| 8 Persons | $44,660 | $53,800 | $86,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mineral Point, WI?+
The Fair Market Rent (FMR) for Iowa County, WI is: $669 (Studio), $751 (1BR), $987 (2BR), $1279 (3BR), $1371 (4BR). Actual rent at subsidized properties like School House Apts Mineral Point is typically 30% of household income or less.
What size apartments are available at School House Apts Mineral Point?+
School House Apts Mineral Point offers the following unit types: 2 One-Bedroom, 9 Two-Bedroom units, for a total of 11 units.
What are the income limits for affordable housing in Iowa County, WI?+
For a 4-person household in Iowa County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,750, Low Income (80% AMI): $65,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Mineral Point, WI?+
Based on Fair Market Rent for Iowa County, the estimated price range is: 1-bedroom: $751, 2-bedroom: $987. Actual rent at School House Apts Mineral Point may be lower for income-eligible households.
Who manages School House Apts Mineral Point?+
School House Apts Mineral Point is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at School House Apts Mineral Point?+
School House Apts Mineral Point 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
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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