About This Property
Stone Ridge Apts comprises 24 low-income units in Flat Rock, AL, with a mix of one-, two-, and three-bedroom floor plans serving families. The property was placed in service in 1994 and contains four one-bedroom units, sixteen two-bedroom units, and four three-bedroom units. The community is managed to provide affordable rental housing in Jackson County.
Property Details
Fair Market Rent - Jackson County, AL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $642 |
| 1 Bedroom | $748 |
| 2 Bedroom | $857 |
| 3 Bedroom | $1,051 |
| 4 Bedroom | $1,406 |
Income Limits - Jackson County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Flat Rock, AL?+
The Fair Market Rent (FMR) for Jackson County, AL is: $642 (Studio), $748 (1BR), $857 (2BR), $1051 (3BR), $1406 (4BR). Actual rent at subsidized properties like Stone Ridge Apts is typically 30% of household income or less.
What size apartments are available at Stone Ridge Apts?+
Stone Ridge Apts offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Jackson County, AL?+
For a 4-person household in Jackson County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
Who manages Stone Ridge Apts?+
Stone Ridge Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Stone Ridge Apts?+
Stone Ridge Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Flat Rock, AL?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $748, 2-bedroom: $857, 3-bedroom: $1051. Actual rent at Stone Ridge Apts may be lower for income-eligible households.
How do I apply for housing at Stone Ridge Apts?+
Stone 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.