About This Property
Aeroterra Phase III contains 74 units in Phoenix, Arizona, with 70 designated as low-income housing serving families. The community includes a mix of one- to four-bedroom floor plans, with 32 one-bedroom, 19 two-bedroom, 17 three-bedroom, and 6 four-bedroom units. The property was placed in service in 2016 and utilizes 9% Low-Income Housing Tax Credit financing through HOPE VI funding.
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 |
Advertisement
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.
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 .
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 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.
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.
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 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Aeroterra Phase Iii (Fka Frank Luke Addition Phase Iii)
Garfield Sacred Heart Housing
Phoenix, AZ
100 UnitsWashington Pointe Apts
Phoenix, AZ
54 UnitsAeroterra Phase Ii Fka Frank Luke Addition Phase Ii
Phoenix, AZ
56 UnitsAeroterra Phase Ii (Fka Frank Luke Addition Phase Ii)
Phoenix, AZ
56 Units
Frank Luke Jr
Phoenix, AZ
8 Units
Aeroterra Phase Iii
Phoenix, AZ
8 Units