1321 5th Ave N, Fargo, ND 58102
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 690 - 1,165 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Edge Artist Flats, located in beautiful Downtown Fargo, offers affordable apartment living with a great location. They offer 1, 2, and 3 bedroom apartments feature amenities including underground parking, community artist room, fitness room, and on-site professional staff. Living in Downtown Fargo offers a variety of entertainment including the Historic Fargo Theatre, blocks of boutiques to browse, along with dozens of bars and restaurants to choose from. With this convenient location you can take a stroll around town with the bike share program and relax at Island Park along the Red River. If local brews are what you fancy, The Edge Artist Flats next door neighbor, Fargo Brewing Company, will tantalize your taste buds along with many other local favorites.
PET POLICY
Non-Refundable Pet Fee: $300.00
Pet Rent: $25/Month
Breed/weight restrictions apply. Please call for full details.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Edge Artist Flats does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 690ft2 | Call for Price† |
| 2 Bedroom (2/1) | 900ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1165ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $36,450 / year | $41,650 / year | $46,850 / year | $52,050 / year | $56,250 / year | $60,400 / year |
| 50% AMI for PBRA Units | $36,450 / year | $41,650 / year | $46,850 / year | $52,050 / year | $56,250 / year | $60,400 / year |
| 60% AMI for LIHTC Units | $43,740 / year | $49,980 / year | $56,220 / year | $62,460 / year | $67,500 / year | $72,480 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Edge Artist Flats have a waiting list?
The Edge Artist Flats probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Edge Artist Flats?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Edge Artist Flats?
The Edge Artist Flats is managed by MetroPlains Management, LLC headquartered in Devils Lake, North Dakota.
In addition to The Edge Artist Flats, how many other affordable housing properties (and units) are there in Fargo?
In addition to The Edge Artist Flats, we list 57 other affordable properties in Fargo. Learn about these properties here. Our data research shows that there are a total of 2633 affordable units in Fargo.
When was the The Edge Artist Flats listing last updated?
The Edge Artist Flats listing on Affordable Housing Online was last updated on 05/25/2022 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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