About This Property
Aeroterra Phase III offers 74 affordable units in Phoenix, including 70 low-income apartments designed for families. The community features a mix of one- to four-bedroom floor plans, with 32 one-bedroom, 19 two-bedroom, 17 three-bedroom, and 6 four-bedroom units. This property has been in service since 2016 and utilizes 9% Low-Income Housing Tax Credits for financing.
Waitlist Information
Waitlist managed by City of Phoenix Housing Department
Preferences may include Phoenix residency, age 62 or older, or disability. Applicants must be 18, meet income limits, pass criminal background checks, and have an acceptable rental history.
The Phoenix Housing Choice Voucher (HCV) program waiting list is currently closed. The City of Phoenix will provide notice through a wide variety of sources when it reopens.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Phoenix, 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 Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii is typically 30% of household income or less.
What size apartments are available at Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii?+
Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii offers the following unit types: 32 One-Bedroom, 19 Two-Bedroom, 17 Three-Bedroom, 6 Four-Bedroom units, for a total of 74 units.
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.
Is there a waitlist for Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii?+
Public Housing waitlist is currently Open. 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.
Who is eligible to live at Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii?+
Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii 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 Phoenix, AZ?+
Based on Fair Market Rent for Maricopa County, the estimated price range is: 1-bedroom: $1599, 2-bedroom: $1877, 3-bedroom: $2541. Actual rent at Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii may be lower for income-eligible households.
Who manages Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii?+
Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii?+
Aeroterra Phase Iii Fka Frank Luke Addition Phase Iii 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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