WATER'S EDGE OF SOUTH ELGIN
LIHTCLocation
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Building details
- Income-restricted units
- 48
- Total units
- 50
- Year placed in service
- 8888
- Construction type
- unknown
- Affordability period
- n/a
Bedroom mix
- 27 1-bedroom
- 17 2-bedroom
- 6 3-bedroom
Fair Market Rent for 60177
Zip-level (SAFMR)| Bedrooms | Local FMR |
|---|---|
| Studio | $1,740 |
| 1 bedroom | $1,860 |
| 2 bedroom | $2,090 |
| 3 bedroom | $2,690 |
| 4 bedroom | $3,110 |
Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.
Estimated total housing cost for a 2-bedroom unit at FMR: $2,090 rent + $129 utilities = $2,219/mo.