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Home / Posts / Income-Based Apartments Can Save You Lots Of Rent

Income-Based Apartments Can Save You Lots Of Rent

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1. Determining Rent In Income-Based Apartments

Rent calculation in income-based apartments involves two main factors: location and the renter's income. Location determines income limits based on the area's average income. Rent cannot exceed 30% of the renter's adjusted gross income, ensuring affordability.

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