About This Property
Water's Edge Apartments comprises 48 units in Forest Park, GA, with 33 designated as low-income housing serving families. The property includes twelve 1-bedroom and thirty-six 2-bedroom units and has been in service since 2007. This non-profit owned community participates in the 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Clayton County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,599 |
| 1 Bedroom | $1,643 |
| 2 Bedroom | $1,844 |
| 3 Bedroom | $2,230 |
| 4 Bedroom | $2,707 |
Income Limits - Clayton County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,300
- Extremely Low (30%)
- $20,700
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $23,300
- Very Low (50%)
- $38,800
- Low (80%)
- $62,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,550
- Low (80%)
- $74,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,000
- Low (80%)
- $80,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,450
- Low (80%)
- $85,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,900
- Low (80%)
- $91,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,100 | $30,200 | $48,300 |
| 2 Persons | $20,700 | $34,500 | $55,200 |
| 3 Persons | $23,300 | $38,800 | $62,100 |
| 4 Persons | $26,500 | $43,100 | $68,950 |
| 5 Persons | $31,040 | $46,550 | $74,500 |
| 6 Persons | $35,580 | $50,000 | $80,000 |
| 7 Persons | $40,120 | $53,450 | $85,500 |
| 8 Persons | $44,660 | $56,900 | $91,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Forest Park, GA?+
The Fair Market Rent (FMR) for Clayton County, GA is: $1599 (Studio), $1643 (1BR), $1844 (2BR), $2230 (3BR), $2707 (4BR). Actual rent at subsidized properties like Water'S Edge Apartments is typically 30% of household income or less.
What size apartments are available at Water'S Edge Apartments?+
Water'S Edge Apartments offers the following unit types: 12 One-Bedroom, 36 Two-Bedroom units, for a total of 48 units.
Who manages Water'S Edge Apartments?+
Water'S Edge Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Forest Park, GA?+
Based on Fair Market Rent for Clayton County, the estimated price range is: 1-bedroom: $1643, 2-bedroom: $1844. Actual rent at Water'S Edge Apartments may be lower for income-eligible households.
How do I apply for housing at Water'S Edge Apartments?+
Water'S Edge 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 Clayton County, GA?+
For a 4-person household in Clayton County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,100, Low Income (80% AMI): $68,950. These limits are set by HUD and updated annually.
Who is eligible to live at Water'S Edge Apartments?+
Water'S Edge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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