About This Property
Prescott Valley Elderly comprises 37 one-bedroom units designated for low-income elderly residents in Prescott Valley, Arizona. The property has been in service since 1993 and is financed through 4% Low-Income Housing Tax Credits. The community serves seniors with affordable rental housing in Yavapai County.
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 Prescott 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 Prescott Valley Elderly is typically 30% of household income or less.
What size apartments are available at Prescott Valley Elderly?+
Prescott Valley Elderly offers the following unit types: 37 One-Bedroom units, for a total of 37 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 Prescott Valley Elderly?+
Prescott Valley Elderly is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Prescott Valley Elderly?+
Prescott Valley Elderly 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 is the price range for apartments in Prescott Valley, AZ?+
Based on Fair Market Rent for Yavapai County, the estimated price range is: 1-bedroom: $1140. Actual rent at Prescott Valley Elderly may be lower for income-eligible households.
Who is eligible to live at Prescott Valley Elderly?+
Prescott Valley Elderly primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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