About This Property
Stone Pile offers 20 low-income units in Sheridan, Wyoming, consisting of eight 2-bedroom and twelve 3-bedroom apartments designed to serve families. The property has been in service since 2012 and receives funding through the HOME program with 9% LIHTC credits. Units are available for eligible low-income households in Sheridan County.
Property Details
Fair Market Rent - Sheridan County, WY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $875 |
| 1 Bedroom | $876 |
| 2 Bedroom | $1,145 |
| 3 Bedroom | $1,384 |
| 4 Bedroom | $1,802 |
Income Limits - Sheridan County, WY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,050
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $19,500
- Very Low (50%)
- $32,450
- Low (80%)
- $51,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,500
- Low (80%)
- $58,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,550
- Low (80%)
- $64,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,050
- Low (80%)
- $75,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,300
- Low (80%)
- $80,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,550
- Low (80%)
- $85,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,050 | $28,400 | $45,450 |
| 2 Persons | $19,500 | $32,450 | $51,950 |
| 3 Persons | $21,960 | $36,500 | $58,450 |
| 4 Persons | $26,500 | $40,550 | $64,900 |
| 5 Persons | $31,040 | $43,800 | $70,100 |
| 6 Persons | $35,580 | $47,050 | $75,300 |
| 7 Persons | $40,120 | $50,300 | $80,500 |
| 8 Persons | $44,660 | $53,550 | $85,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sheridan, WY?+
The Fair Market Rent (FMR) for Sheridan County, WY is: $875 (Studio), $876 (1BR), $1145 (2BR), $1384 (3BR), $1802 (4BR). Actual rent at subsidized properties like Stone Pile is typically 30% of household income or less.
What size apartments are available at Stone Pile?+
Stone Pile offers the following unit types: 8 Two-Bedroom, 12 Three-Bedroom units, for a total of 20 units.
Who is eligible to live at Stone Pile?+
Stone Pile primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Stone Pile?+
Stone Pile is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Stone Pile?+
Stone Pile 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 Sheridan County, WY?+
For a 4-person household in Sheridan County, WY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,550, Low Income (80% AMI): $64,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Sheridan, WY?+
Based on Fair Market Rent for Sheridan County, the estimated price range is: 2-bedroom: $1145, 3-bedroom: $1384. Actual rent at Stone Pile may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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