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Low Income (LIHTC)Opening Soon

Palm Terrace Apts

555 E Ray Rd, Chandler, AZ, 85225

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Palm Terrace Apts comprises 180 low-income units in Chandler, Arizona, with a mix of 120 two-bedroom and 60 three-bedroom floor plans. The property was placed in service in 1996 and operates under 9% Low-Income Housing Tax Credit financing. The community serves households at designated income levels in Maricopa County.

Waitlist Information

Waitlist managed by Chandler Housing & Redevelopment Division

Public Housing Waitlist
Opening Soon
Opens May 8, 2026
Closed May 22, 2026
Apply: Multiple

The Public Housing Program waitlist will accept pre-applications. 600 pre-applications will be placed on the waitlist by random selection. Preferences include Elderly, Veteran, Family, Disabled family, and At risk of homelessness. Income limits apply.

Last verified April 18, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (Section 8) waitlist was last open from January 27, 2020, until February 10, 2020. Preferences included displaced, living/working in Chandler, chronically homeless, employed/employment program, and elderly.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
180
2 Bedroom
120
3 Bedroom
60

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$16,600
Very Low (50%)
$27,650
Low (80%)
$44,250
2 Persons
Extremely Low (30%)
$19,000
Very Low (50%)
$31,600
Low (80%)
$50,600
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,550
Low (80%)
$56,900
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,500
Low (80%)
$63,200
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,700
Low (80%)
$68,300
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$45,850
Low (80%)
$73,350
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,000
Low (80%)
$78,400
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,150
Low (80%)
$83,450

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Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
9%
Low-Income Units
180 / 180

Frequently Asked Questions

What is the average rent for affordable housing in Chandler, 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 Palm Terrace Apts is typically 30% of household income or less.

What size apartments are available at Palm Terrace Apts?+

Palm Terrace Apts offers the following unit types: 120 Two-Bedroom, 60 Three-Bedroom units, for a total of 180 units.

What is the price range for apartments in Chandler, AZ?+

Based on Fair Market Rent for Maricopa County, the estimated price range is: 2-bedroom: $1877, 3-bedroom: $2541. Actual rent at Palm Terrace Apts may be lower for income-eligible households.

Who manages Palm Terrace Apts?+

Palm Terrace Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Palm Terrace Apts?+

Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Palm Terrace Apts?+

Palm Terrace 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 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.

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Walk Score

Somewhat Walkable

55
Walk
34
Transit
59
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Maricopa County, AZ

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