About This Property
Ardmore Square Apartments offers 24 low-income units in Ardmore, Alabama, comprising eight one-bedroom and sixteen two-bedroom apartments designed to serve families. The property was placed in service in 1994 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. Current management and leasing information are available upon inquiry.
Property Details
Fair Market Rent - Limestone 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 | $900 |
| 1 Bedroom | $1,067 |
| 2 Bedroom | $1,248 |
| 3 Bedroom | $1,619 |
| 4 Bedroom | $1,937 |
Income Limits - Limestone County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $19,900
- Very Low (50%)
- $33,200
- Low (80%)
- $53,050
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,350
- Low (80%)
- $59,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,100
- Low (80%)
- $76,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,400
- Low (80%)
- $82,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,750
- Low (80%)
- $87,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $29,050 | $46,450 |
| 2 Persons | $19,900 | $33,200 | $53,050 |
| 3 Persons | $22,400 | $37,350 | $59,700 |
| 4 Persons | $26,500 | $41,450 | $66,300 |
| 5 Persons | $31,040 | $44,800 | $71,650 |
| 6 Persons | $35,580 | $48,100 | $76,950 |
| 7 Persons | $40,120 | $51,400 | $82,250 |
| 8 Persons | $44,660 | $54,750 | $87,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ardmore, AL?+
The Fair Market Rent (FMR) for Limestone County, AL is: $900 (Studio), $1067 (1BR), $1248 (2BR), $1619 (3BR), $1937 (4BR). Actual rent at subsidized properties like Ardmore Square Apts is typically 30% of household income or less.
What size apartments are available at Ardmore Square Apts?+
Ardmore Square Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Limestone County, AL?+
For a 4-person household in Limestone County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,450, Low Income (80% AMI): $66,300. These limits are set by HUD and updated annually.
Who is eligible to live at Ardmore Square Apts?+
Ardmore Square Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Ardmore Square Apts?+
Ardmore Square Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Ardmore Square Apts?+
Ardmore Square 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 is the price range for apartments in Ardmore, AL?+
Based on Fair Market Rent for Limestone County, the estimated price range is: 1-bedroom: $1067, 2-bedroom: $1248. Actual rent at Ardmore Square Apts may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
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