About This Property
Aspen Ridge Apts comprises 96 units in Cottonwood, Arizona, with 95 designated as low-income housing. The property, which entered service in 2005, includes 12 one-bedroom, 36 two-bedroom, and 48 three-bedroom units and is funded through 9% Low-Income Housing Tax Credits. The community is managed by [contact information available upon request].
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 Cottonwood, 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 Aspen Ridge Apts is typically 30% of household income or less.
What size apartments are available at Aspen Ridge Apts?+
Aspen Ridge Apts offers the following unit types: 12 One-Bedroom, 36 Two-Bedroom, 48 Three-Bedroom units, for a total of 96 units.
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.
Who manages Aspen Ridge Apts?+
Aspen Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cottonwood, AZ?+
Based on Fair Market Rent for Yavapai County, the estimated price range is: 1-bedroom: $1140, 2-bedroom: $1403, 3-bedroom: $1943. Actual rent at Aspen Ridge Apts may be lower for income-eligible households.
How do I apply for housing at Aspen Ridge Apts?+
Aspen Ridge 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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