About This Property
Altheimer Apartments comprises 20 low-income rental units in Altheimer, AR, with a mix of 10 one-bedroom and 10 two-bedroom floor plans. The property has been in service since 1990 and operates under 4% Low-Income Housing Tax Credit financing. All units serve households at or below 60% of area median income.
Property Details
Fair Market Rent - Jefferson County, AR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $635 |
| 1 Bedroom | $690 |
| 2 Bedroom | $906 |
| 3 Bedroom | $1,151 |
| 4 Bedroom | $1,207 |
Income Limits - Jefferson County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,350
- Low (80%)
- $30,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,100
- Low (80%)
- $35,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,850
- Low (80%)
- $39,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $29,850
- Very Low (50%)
- $29,850
- Low (80%)
- $47,700
- Extremely Low (30%)
- $32,050
- Very Low (50%)
- $32,050
- Low (80%)
- $51,250
- Extremely Low (30%)
- $34,250
- Very Low (50%)
- $34,250
- Low (80%)
- $54,750
- Extremely Low (30%)
- $36,450
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,350 | $30,950 |
| 2 Persons | $17,420 | $22,100 | $35,350 |
| 3 Persons | $21,960 | $24,850 | $39,750 |
| 4 Persons | $26,500 | $27,600 | $44,150 |
| 5 Persons | $29,850 | $29,850 | $47,700 |
| 6 Persons | $32,050 | $32,050 | $51,250 |
| 7 Persons | $34,250 | $34,250 | $54,750 |
| 8 Persons | $36,450 | $36,450 | $58,300 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Altheimer, AR?+
The Fair Market Rent (FMR) for Jefferson County, AR is: $635 (Studio), $690 (1BR), $906 (2BR), $1151 (3BR), $1207 (4BR). Actual rent at subsidized properties like Altheimer Apartments is typically 30% of household income or less.
What size apartments are available at Altheimer Apartments?+
Altheimer Apartments offers the following unit types: 10 One-Bedroom, 10 Two-Bedroom units, for a total of 20 units.
Who manages Altheimer Apartments?+
Altheimer Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Altheimer Apartments?+
Altheimer Apartments 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 Jefferson County, AR?+
For a 4-person household in Jefferson County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,600, Low Income (80% AMI): $44,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Altheimer, AR?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $690, 2-bedroom: $906. Actual rent at Altheimer Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
More Affordable Housing Near Altheimer Apartments
Cypress Point Apartments - Humphrey
Humphrey, AR
16 UnitsBroadmoor Arms Apts
Pine Bluff, AR
70 UnitsCherry Bark Apartments
Pine Bluff, AR
33 UnitsCypress Point Apartments - Wabbaseka
Wabbaseka, AR
8 UnitsCrossroads Development
Pine Bluff, AR
65 Units
Housing Authority of the City of Pine Bluff
Pine Bluff, AR
1085 Units