About This Property
Center Ridge Apts offers 48 low-income units in Payson, Arizona, consisting of twenty-eight 2-bedroom and twenty 3-bedroom apartments. The property, placed in service in 2009, serves disabled residents and is funded through HOME and 9% LIHTC financing. Management and leasing inquiries can be directed to the property contact information.
Property Details
Fair Market Rent - Gila 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 | $855 |
| 1 Bedroom | $960 |
| 2 Bedroom | $1,262 |
| 3 Bedroom | $1,778 |
| 4 Bedroom | $1,846 |
Income Limits - Gila County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,600
- Low (80%)
- $31,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,400
- Low (80%)
- $35,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $30,200
- Very Low (50%)
- $30,200
- Low (80%)
- $48,300
- Extremely Low (30%)
- $32,450
- Very Low (50%)
- $32,450
- Low (80%)
- $51,900
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $34,700
- Low (80%)
- $55,450
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,600 | $31,300 |
| 2 Persons | $17,420 | $22,400 | $35,800 |
| 3 Persons | $21,960 | $25,200 | $40,250 |
| 4 Persons | $26,500 | $27,950 | $44,700 |
| 5 Persons | $30,200 | $30,200 | $48,300 |
| 6 Persons | $32,450 | $32,450 | $51,900 |
| 7 Persons | $34,700 | $34,700 | $55,450 |
| 8 Persons | $36,900 | $36,900 | $59,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Payson, AZ?+
The Fair Market Rent (FMR) for Gila County, AZ is: $855 (Studio), $960 (1BR), $1262 (2BR), $1778 (3BR), $1846 (4BR). Actual rent at subsidized properties like Center Ridge Apts is typically 30% of household income or less.
What size apartments are available at Center Ridge Apts?+
Center Ridge Apts offers the following unit types: 28 Two-Bedroom, 20 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Payson, AZ?+
Based on Fair Market Rent for Gila County, the estimated price range is: 2-bedroom: $1262, 3-bedroom: $1778. Actual rent at Center Ridge Apts may be lower for income-eligible households.
Who is eligible to live at Center Ridge Apts?+
Center Ridge Apts primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Center Ridge Apts?+
Center Ridge 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 Gila County, AZ?+
For a 4-person household in Gila County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,950, Low Income (80% AMI): $44,700. These limits are set by HUD and updated annually.
Who manages Center Ridge Apts?+
Center Ridge Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.