Benton Place Apartments

50 1st Ave NE #9, Rice, Minnesota 56367

Contact Benton Place Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $475 To $495
Two Bedroom (2/1)	-	From $515 To $550

Eligibility for Benton Place Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Rice but actual income limits may differ for units at Benton Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$30,900	$35,300	$39,700	$44,100

Benton Place Apartments Details

12 one and two bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
On-Site Manager
Open Parking
Convenient Location
Heat Included
On-Site Laundry

Unit Amenities

Handicapped Accessible

Nearby Amenities

Close to Downtown District
Near Park
Close to Grocery Stores

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.