About This Property
Lenwood Apts comprises 24 low-income rental units in Springerville, Arizona, featuring a unit mix of four one-bedroom and twenty two-bedroom apartments. The property has been in service since 1993 and operates with 4% Low-Income Housing Tax Credit financing. The community is managed to provide affordable housing options for Apache County residents.
Property Details
Fair Market Rent - Apache County, AZ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $716 |
| 1 Bedroom | $804 |
| 2 Bedroom | $1,057 |
| 3 Bedroom | $1,417 |
| 4 Bedroom | $1,461 |
Income Limits - Apache County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,100
- Low (80%)
- $28,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $20,700
- Low (80%)
- $33,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,300
- Low (80%)
- $37,250
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $25,850
- Low (80%)
- $41,350
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $30,000
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $32,100
- Very Low (50%)
- $32,100
- Low (80%)
- $51,300
- Extremely Low (30%)
- $34,150
- Very Low (50%)
- $34,150
- Low (80%)
- $54,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,100 | $28,950 |
| 2 Persons | $17,420 | $20,700 | $33,100 |
| 3 Persons | $21,960 | $23,300 | $37,250 |
| 4 Persons | $25,850 | $25,850 | $41,350 |
| 5 Persons | $27,950 | $27,950 | $44,700 |
| 6 Persons | $30,000 | $30,000 | $48,000 |
| 7 Persons | $32,100 | $32,100 | $51,300 |
| 8 Persons | $34,150 | $34,150 | $54,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Springerville, AZ?+
The Fair Market Rent (FMR) for Apache County, AZ is: $716 (Studio), $804 (1BR), $1057 (2BR), $1417 (3BR), $1461 (4BR). Actual rent at subsidized properties like Lenwood Apts is typically 30% of household income or less.
What size apartments are available at Lenwood Apts?+
Lenwood Apts offers the following unit types: 4 One-Bedroom, 20 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Lenwood Apts?+
Lenwood Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Apache County, AZ?+
For a 4-person household in Apache County, AZ, the income limits are: Extremely Low Income (30% AMI): $25,850, Very Low Income (50% AMI): $25,850, Low Income (80% AMI): $41,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Springerville, AZ?+
Based on Fair Market Rent for Apache County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $1057. Actual rent at Lenwood Apts may be lower for income-eligible households.
Who manages Lenwood Apts?+
Lenwood Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.