About This Property
Rose Terrace I offers 60 low-income units in Avondale, Arizona, serving families with a mix of two, three, and four-bedroom floor plans. The property has been in service since 2003 and is funded through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Maricopa 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 | $1,460 |
| 1 Bedroom | $1,599 |
| 2 Bedroom | $1,877 |
| 3 Bedroom | $2,541 |
| 4 Bedroom | $2,890 |
Income Limits - Maricopa County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Avondale, AZ?+
The Fair Market Rent (FMR) for Maricopa County, AZ is: $1460 (Studio), $1599 (1BR), $1877 (2BR), $2541 (3BR), $2890 (4BR). Actual rent at subsidized properties like Rose Terrace I is typically 30% of household income or less.
What size apartments are available at Rose Terrace I?+
Rose Terrace I offers the following unit types: 21 Two-Bedroom, 27 Three-Bedroom, 12 Four-Bedroom units, for a total of 60 units.
Who is eligible to live at Rose Terrace I?+
Rose Terrace I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Rose Terrace I?+
Rose Terrace I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Avondale, AZ?+
Based on Fair Market Rent for Maricopa County, the estimated price range is: 2-bedroom: $1877, 3-bedroom: $2541. Actual rent at Rose Terrace I may be lower for income-eligible households.
What are the income limits for affordable housing in Maricopa County, AZ?+
For a 4-person household in Maricopa County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
How do I apply for housing at Rose Terrace I?+
Rose Terrace I 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Rose Terrace I
Siesta Pointe Apts
Avondale, AZ
104 UnitsVillage At Avondale
Avondale, AZ
96 UnitsBridgewater At Avondale Assisted Living
Avondale, AZ
131 UnitsRose Terrace Ii Apts
Avondale, AZ
20 UnitsVentana Palms Apts
Phoenix, AZ
160 UnitsSan Lucas Apts
Tolleson, AZ
264 Units