About This Property
Spring Creek Apts provides 24 low-income units in Chapel Hill, Tennessee, with a mix of eight 1-bedroom and sixteen 2-bedroom apartments. The property has been in service since 1991 and is non-profit owned with 4% LIHTC credits. The community serves Marshall County residents seeking affordable rental housing.
Property Details
Fair Market Rent - Marshall County, TN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $764 |
| 1 Bedroom | $769 |
| 2 Bedroom | $1,010 |
| 3 Bedroom | $1,311 |
| 4 Bedroom | $1,345 |
Income Limits - Marshall County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,700
- Low (80%)
- $33,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,650
- Low (80%)
- $37,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,600
- Low (80%)
- $42,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,550
- Low (80%)
- $47,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,950
- Low (80%)
- $51,100
- Extremely Low (30%)
- $34,300
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $36,650
- Very Low (50%)
- $36,650
- Low (80%)
- $58,700
- Extremely Low (30%)
- $39,050
- Very Low (50%)
- $39,050
- Low (80%)
- $62,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,700 | $33,150 |
| 2 Persons | $17,420 | $23,650 | $37,850 |
| 3 Persons | $21,960 | $26,600 | $42,600 |
| 4 Persons | $26,500 | $29,550 | $47,300 |
| 5 Persons | $31,040 | $31,950 | $51,100 |
| 6 Persons | $34,300 | $34,300 | $54,900 |
| 7 Persons | $36,650 | $36,650 | $58,700 |
| 8 Persons | $39,050 | $39,050 | $62,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chapel Hill, TN?+
The Fair Market Rent (FMR) for Marshall County, TN is: $764 (Studio), $769 (1BR), $1010 (2BR), $1311 (3BR), $1345 (4BR). Actual rent at subsidized properties like Spring Creek Apts is typically 30% of household income or less.
What size apartments are available at Spring Creek Apts?+
Spring Creek Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Spring Creek Apts?+
Spring Creek 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 Marshall County, TN?+
For a 4-person household in Marshall County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,550, Low Income (80% AMI): $47,300. These limits are set by HUD and updated annually.
Who manages Spring Creek Apts?+
Spring Creek Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Chapel Hill, TN?+
Based on Fair Market Rent for Marshall County, the estimated price range is: 1-bedroom: $769, 2-bedroom: $1010. Actual rent at Spring Creek Apts may be lower for income-eligible households.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.