About This Property
Berryville Affordable Housing comprises 12 low-income residential units in Berryville, Arkansas, consisting of eight one-bedroom and four two-bedroom apartments. The property has been in service since 1996 and receives 4% Low-Income Housing Tax Credit (LIHTC) financing.
Property Details
Fair Market Rent - Carroll County, AR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $565 |
| 1 Bedroom | $657 |
| 2 Bedroom | $834 |
| 3 Bedroom | $1,008 |
| 4 Bedroom | $1,111 |
Income Limits - Carroll County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Berryville, AR?+
The Fair Market Rent (FMR) for Carroll County, AR is: $565 (Studio), $657 (1BR), $834 (2BR), $1008 (3BR), $1111 (4BR). Actual rent at subsidized properties like Berryville Affordable Housing is typically 30% of household income or less.
What size apartments are available at Berryville Affordable Housing?+
Berryville Affordable Housing offers the following unit types: 8 One-Bedroom, 4 Two-Bedroom units, for a total of 12 units.
Who manages Berryville Affordable Housing?+
Berryville Affordable Housing is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Berryville, AR?+
Based on Fair Market Rent for Carroll County, the estimated price range is: 1-bedroom: $657, 2-bedroom: $834. Actual rent at Berryville Affordable Housing may be lower for income-eligible households.
How do I apply for housing at Berryville Affordable Housing?+
Berryville Affordable Housing 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 are the income limits for affordable housing in Carroll County, AR?+
For a 4-person household in Carroll County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. 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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