Penelope 35-2 Apartments

10619 Beard Ave S

Bloomington , MN 55431

☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 36

Assisted housing category: 202/811

Owner organization name: AHEPA Penelope 35-II, Inc.

Management agent organization name: AHEPA Affordable Housing Management

Management agent main phone number: 3178453410

Management agent email address: scalderon@ahepahousing.org

Hud Administered ind: Y

Contract doc type: PRAC

Program type: PRAC/202

Rent to FMR ratio: 70.85478888

Rent to FMR description: Below 80% FMR

Total 1bedroom units: 36

1bedroom: $971.00 per month

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Posted on Mar 30, 2023

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2024 Fair Market Rents in BLOOMINGTON, MN 55431 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in BLOOMINGTON, MN 55431 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,278 (low) to $1,562 (high) per month
One-Bedrooms: $1,440 (low) to $1,760 (high) per month
Two-Bedrooms: $1,764 (low) to $2,156 (high) per month
Three-Bedrooms: $2,376 (low) to $2,904 (high) per month
Four-Bedrooms: $2,691 (low) to $3,289 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the BLOOMINGTON, MN 55431 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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