About This Property
Granite Creek Apts offers 32 units in Chino Valley, Arizona, with 31 designated as low-income housing. The property, placed in service in 1991, contains 12 one-bedroom and 20 two-bedroom units and is financed through 4% Low-Income Housing Tax Credits. The community is professionally managed to serve residents with affordable rental options.
Property Details
Fair Market Rent - Yavapai 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 | $951 |
| 1 Bedroom | $1,140 |
| 2 Bedroom | $1,403 |
| 3 Bedroom | $1,943 |
| 4 Bedroom | $2,273 |
Income Limits - Yavapai County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,350
- Low (80%)
- $35,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,550
- Low (80%)
- $40,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,750
- Low (80%)
- $45,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,900
- Low (80%)
- $51,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,500
- Low (80%)
- $55,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,050
- Low (80%)
- $59,250
- Extremely Low (30%)
- $39,600
- Very Low (50%)
- $39,600
- Low (80%)
- $63,350
- Extremely Low (30%)
- $42,150
- Very Low (50%)
- $42,150
- Low (80%)
- $67,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,350 | $35,750 |
| 2 Persons | $17,420 | $25,550 | $40,850 |
| 3 Persons | $21,960 | $28,750 | $45,950 |
| 4 Persons | $26,500 | $31,900 | $51,050 |
| 5 Persons | $31,040 | $34,500 | $55,150 |
| 6 Persons | $35,580 | $37,050 | $59,250 |
| 7 Persons | $39,600 | $39,600 | $63,350 |
| 8 Persons | $42,150 | $42,150 | $67,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chino Valley, AZ?+
The Fair Market Rent (FMR) for Yavapai County, AZ is: $951 (Studio), $1140 (1BR), $1403 (2BR), $1943 (3BR), $2273 (4BR). Actual rent at subsidized properties like Granite Creek Apts is typically 30% of household income or less.
What size apartments are available at Granite Creek Apts?+
Granite Creek Apts offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Granite Creek Apts?+
Granite Creek 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.
Who manages Granite Creek Apts?+
Granite Creek Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Chino Valley, AZ?+
Based on Fair Market Rent for Yavapai County, the estimated price range is: 1-bedroom: $1140, 2-bedroom: $1403. Actual rent at Granite Creek Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Yavapai County, AZ?+
For a 4-person household in Yavapai County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,900, Low Income (80% AMI): $51,050. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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