About This Property
Cedar Crest Apartments comprises 24 one-bedroom units designated as low-income housing in Perryville, Arkansas. The property has been in service since 1993 and operates under 4% Low-Income Housing Tax Credit financing. The community serves low-income residents in Perry County.
Property Details
Fair Market Rent - Perry 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 | $944 |
| 1 Bedroom | $950 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,717 |
Income Limits - Perry County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,600
- Low (80%)
- $45,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,350
- Low (80%)
- $70,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,050 | $40,050 |
| 2 Persons | $17,420 | $28,600 | $45,800 |
| 3 Persons | $21,960 | $32,200 | $51,500 |
| 4 Persons | $26,500 | $35,750 | $57,200 |
| 5 Persons | $31,040 | $38,650 | $61,800 |
| 6 Persons | $35,580 | $41,500 | $66,400 |
| 7 Persons | $40,120 | $44,350 | $70,950 |
| 8 Persons | $44,660 | $47,200 | $75,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Perryville, AR?+
The Fair Market Rent (FMR) for Perry County, AR is: $944 (Studio), $950 (1BR), $1089 (2BR), $1454 (3BR), $1717 (4BR). Actual rent at subsidized properties like Cedar Crest Apartments is typically 30% of household income or less.
What size apartments are available at Cedar Crest Apartments?+
Cedar Crest Apartments offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What is the price range for apartments in Perryville, AR?+
Based on Fair Market Rent for Perry County, the estimated price range is: 1-bedroom: $950. Actual rent at Cedar Crest Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Perry County, AR?+
For a 4-person household in Perry County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,750, Low Income (80% AMI): $57,200. These limits are set by HUD and updated annually.
Who manages Cedar Crest Apartments?+
Cedar Crest Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cedar Crest Apartments?+
Cedar Crest 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.
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Nearby Schools
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