Maximum Family Qualifying Income

Three Bedrooms

Family Size

1 Person

2 Person

3 Person

4 Person

5 Person

6 Person

Monthly Rent

Security Deposit

Market Rate

$50,200

$57,400

$64,500

$71,700

$77,000

$82,700

$1,532

$2,298

Qualifing Rates

Month to Month Lease Rate

$50,200

$57,400

$64,500

$71,700

$77,000

$82,700

$1,456

$1,766

6 Month Lease Rate

$50,200

$57,400

$64,500

$71,700

$77,000

$82,700

$1,177

$1,766

One Year Lease Rate

$50,200

$57,400

$64,500

$71,700

$77,000

$82,700

$1,025

$1,766

Month to Month Lease Rates are for the extension of a 6 month or 1 year lease for no more than 2 months

Rental Rates are determined by qualified family income using HUD maximum income tables dated 09/20/07

Town of Mountain Village Housing Authority fee:

$50 per Apartment
$10 for each additional occupant

Market Rent for Village Court Apartments is equivalent to 100% of median income rent