About This Property
Town Branch Apartments comprises 25 units in Huntsville, AR, with 24 low-income units available to qualified residents. The property, which entered service in 2016, contains 24 one-bedroom floor plans. The community is managed to provide housing options for eligible households in Madison County.
Property Details
Fair Market Rent - Madison 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 | $871 |
| 1 Bedroom | $924 |
| 2 Bedroom | $1,121 |
| 3 Bedroom | $1,580 |
| 4 Bedroom | $1,847 |
Income Limits - Madison County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $41,950
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $53,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,450
- Low (80%)
- $69,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,450
- Low (80%)
- $74,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,450
- Low (80%)
- $79,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $41,950 |
| 2 Persons | $18,000 | $30,000 | $47,950 |
| 3 Persons | $21,960 | $33,750 | $53,950 |
| 4 Persons | $26,500 | $37,450 | $59,900 |
| 5 Persons | $31,040 | $40,450 | $64,700 |
| 6 Persons | $35,580 | $43,450 | $69,500 |
| 7 Persons | $40,120 | $46,450 | $74,300 |
| 8 Persons | $44,660 | $49,450 | $79,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Huntsville, AR?+
The Fair Market Rent (FMR) for Madison County, AR is: $871 (Studio), $924 (1BR), $1121 (2BR), $1580 (3BR), $1847 (4BR). Actual rent at subsidized properties like Town Branch Apartments is typically 30% of household income or less.
What size apartments are available at Town Branch Apartments?+
Town Branch Apartments offers the following unit types: 24 One-Bedroom units, for a total of 25 units.
What is the price range for apartments in Huntsville, AR?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $924. Actual rent at Town Branch Apartments may be lower for income-eligible households.
How do I apply for housing at Town Branch Apartments?+
Town Branch 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 Town Branch Apartments?+
Town Branch Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Madison County, AR?+
For a 4-person household in Madison County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,450, Low Income (80% AMI): $59,900. 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.