8506 Raintree Drive, Mountain Iron, MN 55768
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1 - 776 per Month† | 1 - 3 Beds | 1 - 1.5 Bath | 688 - 978 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Looking for a sensational place to call home in a community that gets tons of TLC? Then look no further than affordable Raintree West! Offering spacious 1, 2 and 3 bedroom apartment homes with spacious kitchens and tons of closet space or 3 bedroom townhomes with your own private entry and attached garage, you are sure to find something that will suit your needs! Loaded with conveniences and just a quick commute to town, you are going to love calling Raintree West 'home'. Schedule your personal tour today! We have Section 8 rental assistance available for qualified households. Residents with Section 8 rental assistance pay 30% of their adjusted income for rent. Please call our office for more information. Check Availability at Raintree Apartments!
Since Raintree West Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 688ft2 | $1 $625† |
| Two Bedroom (2/1) | 792ft2 | $1 $714† |
| Three Bedroom (3/1.5) | 978ft2 | $1 $776† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,000 / year | $21,700 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year |
| 50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year |
| 80% AMI for PBRA Units | $50,600 / year | $57,800 / year | $65,050 / year | $72,250 / year | $78,050 / year | $83,850 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Raintree West Apartments have a waiting list?
Raintree West Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Raintree West Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Raintree West Apartments?
Raintree West Apartments is managed by Thies & Talle Management headquartered in Chanhassen, Minnesota.
In addition to Raintree West Apartments, how many other affordable housing properties (and units) are there in Mountain Iron?
In addition to Raintree West Apartments, we list 2 other affordable properties in Mountain Iron. Learn about these properties here. Our data research shows that there are a total of 171 affordable units in Mountain Iron.
5700 Mountain Avenue, Mountain Iron, Minnesota
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