About This Property
Myrtle Terrace Apartments comprises 24 low-income units in Ashdown, Arkansas, with a mix of 12 one-bedroom and 12 two-bedroom floor plans. The property was placed in service in 1991 and utilizes 4% Low-Income Housing Tax Credits. This multifamily community serves households in Little River County.
Property Details
Fair Market Rent - Little River 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 | $615 |
| 1 Bedroom | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,147 |
| 4 Bedroom | $1,381 |
Income Limits - Little River County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,050
- Low (80%)
- $32,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,900
- Low (80%)
- $36,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $30,900
- Very Low (50%)
- $30,900
- Low (80%)
- $49,450
- Extremely Low (30%)
- $33,200
- Very Low (50%)
- $33,200
- Low (80%)
- $53,100
- Extremely Low (30%)
- $35,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,750
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,050 | $32,050 |
| 2 Persons | $17,420 | $22,900 | $36,600 |
| 3 Persons | $21,960 | $25,750 | $41,200 |
| 4 Persons | $26,500 | $28,600 | $45,750 |
| 5 Persons | $30,900 | $30,900 | $49,450 |
| 6 Persons | $33,200 | $33,200 | $53,100 |
| 7 Persons | $35,500 | $35,500 | $56,750 |
| 8 Persons | $37,800 | $37,800 | $60,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ashdown, AR?+
The Fair Market Rent (FMR) for Little River County, AR is: $615 (Studio), $620 (1BR), $814 (2BR), $1147 (3BR), $1381 (4BR). Actual rent at subsidized properties like Myrtle Terrace Apartments is typically 30% of household income or less.
What size apartments are available at Myrtle Terrace Apartments?+
Myrtle Terrace Apartments offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
Who manages Myrtle Terrace Apartments?+
Myrtle Terrace Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Ashdown, AR?+
Based on Fair Market Rent for Little River County, the estimated price range is: 1-bedroom: $620, 2-bedroom: $814. Actual rent at Myrtle Terrace Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Little River County, AR?+
For a 4-person household in Little River County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,600, Low Income (80% AMI): $45,750. These limits are set by HUD and updated annually.
How do I apply for housing at Myrtle Terrace Apartments?+
Myrtle Terrace 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.
Contact Information
Walk Score
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Nearby Schools
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