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Balsam Hill Apartments

2020 Commerce Blvd.

Mound , MN 55364

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

Total apartment units: 51

Assisted housing category: Subsidized, No HUD Financing

Owner organization name: IKM Limited Partnership

Management agent organization name: Aeon Management LLC

Management agent main phone number: 612-746-0546

Management agent email address: nmunsch@aeonmn.org

Hud Administered ind: N

Contract doc type: RAC

Program type: 811 PRA DEMO

Rent to FMR ratio: 95.77754892

Rent to FMR description: Between 80% & 100% FMR

Total 1bedroom units: 5

1bedroom: $971.00 per month

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2024 Fair Market Rents in Mound, MN 55364 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Mound, MN 55364 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,026 (low) to $1,254 (high) per month
One-Bedrooms: $1,161 (low) to $1,419 (high) per month
Two-Bedrooms: $1,422 (low) to $1,738 (high) per month
Three-Bedrooms: $1,917 (low) to $2,343 (high) per month
Four-Bedrooms: $2,169 (low) to $2,651 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Mound, MN 55364 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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