About This Property
Sheridan Heights Apartments comprises 24 two-bedroom units designated for low-income households in Sheridan, Arkansas. The property has been in service since 2005 and utilizes 9% Low-Income Housing Tax Credits. Management and leasing information are available through the property contact.
Property Details
Fair Market Rent - Grant 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 | $743 |
| 1 Bedroom | $748 |
| 2 Bedroom | $893 |
| 3 Bedroom | $1,161 |
| 4 Bedroom | $1,406 |
Income Limits - Grant County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,600
- Low (80%)
- $41,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $39,700
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
- Extremely Low (30%)
- $42,250
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,400 | $35,850 |
| 2 Persons | $17,420 | $25,600 | $41,000 |
| 3 Persons | $21,960 | $28,800 | $46,100 |
| 4 Persons | $26,500 | $32,000 | $51,200 |
| 5 Persons | $31,040 | $34,600 | $55,300 |
| 6 Persons | $35,580 | $37,150 | $59,400 |
| 7 Persons | $39,700 | $39,700 | $63,500 |
| 8 Persons | $42,250 | $42,250 | $67,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sheridan, AR?+
The Fair Market Rent (FMR) for Grant County, AR is: $743 (Studio), $748 (1BR), $893 (2BR), $1161 (3BR), $1406 (4BR). Actual rent at subsidized properties like Sheridan Heights Apartments is typically 30% of household income or less.
What size apartments are available at Sheridan Heights Apartments?+
Sheridan Heights Apartments offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Grant County, AR?+
For a 4-person household in Grant County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,000, Low Income (80% AMI): $51,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Sheridan, AR?+
Based on Fair Market Rent for Grant County, the estimated price range is: 2-bedroom: $893. Actual rent at Sheridan Heights Apartments may be lower for income-eligible households.
How do I apply for housing at Sheridan Heights Apartments?+
Sheridan Heights Apartments 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 Sheridan Heights Apartments?+
Sheridan Heights Apartments is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.