About This Property
Green Valley Apts comprises 40 units in Payson, Arizona, with 34 designated as low-income housing. The property includes 16 two-bedroom and 24 three-bedroom units and has been in service since 2003. The community is non-profit owned and financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Gila County, AZ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $855 |
| 1 Bedroom | $960 |
| 2 Bedroom | $1,262 |
| 3 Bedroom | $1,778 |
| 4 Bedroom | $1,846 |
Income Limits - Gila County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,600
- Low (80%)
- $31,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,400
- Low (80%)
- $35,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $30,200
- Very Low (50%)
- $30,200
- Low (80%)
- $48,300
- Extremely Low (30%)
- $32,450
- Very Low (50%)
- $32,450
- Low (80%)
- $51,900
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $34,700
- Low (80%)
- $55,450
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,600 | $31,300 |
| 2 Persons | $17,420 | $22,400 | $35,800 |
| 3 Persons | $21,960 | $25,200 | $40,250 |
| 4 Persons | $26,500 | $27,950 | $44,700 |
| 5 Persons | $30,200 | $30,200 | $48,300 |
| 6 Persons | $32,450 | $32,450 | $51,900 |
| 7 Persons | $34,700 | $34,700 | $55,450 |
| 8 Persons | $36,900 | $36,900 | $59,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Payson, AZ?+
The Fair Market Rent (FMR) for Gila County, AZ is: $855 (Studio), $960 (1BR), $1262 (2BR), $1778 (3BR), $1846 (4BR). Actual rent at subsidized properties like Green Valley Apts is typically 30% of household income or less.
What size apartments are available at Green Valley Apts?+
Green Valley Apts offers the following unit types: 16 Two-Bedroom, 24 Three-Bedroom units, for a total of 40 units.
How do I apply for housing at Green Valley Apts?+
Green Valley 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 Gila County, AZ?+
For a 4-person household in Gila County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,950, Low Income (80% AMI): $44,700. These limits are set by HUD and updated annually.
Who manages Green Valley Apts?+
Green Valley Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Payson, AZ?+
Based on Fair Market Rent for Gila County, the estimated price range is: 2-bedroom: $1262, 3-bedroom: $1778. Actual rent at Green Valley Apts may be lower for income-eligible households.
Contact Information
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Nearby Schools
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