About This Property
Valley Estates of Mabelvale comprises 48 units in Mabelvale, Arkansas, with 47 designated as low-income housing. The property, which was placed in service in 2011, includes one studio, six one-bedroom, eighteen two-bedroom, and twenty-three three-bedroom units and utilizes 9% Low-Income Housing Tax Credits. The community is managed and available for inquiry regarding residency and lease terms.
Property Details
Fair Market Rent - Saline 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 - Saline 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mabelvale, AR?+
The Fair Market Rent (FMR) for Saline County, AR is: $944 (Studio), $950 (1BR), $1089 (2BR), $1454 (3BR), $1717 (4BR). Actual rent at subsidized properties like Valley Estates of Mabelvale is typically 30% of household income or less.
What size apartments are available at Valley Estates of Mabelvale?+
Valley Estates of Mabelvale offers the following unit types: 1 Studio, 6 One-Bedroom, 18 Two-Bedroom, 23 Three-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in Saline County, AR?+
For a 4-person household in Saline 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 Valley Estates of Mabelvale?+
Valley Estates of Mabelvale is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Mabelvale, AR?+
Based on Fair Market Rent for Saline County, the estimated price range is: 1-bedroom: $950, 2-bedroom: $1089, 3-bedroom: $1454. Actual rent at Valley Estates of Mabelvale may be lower for income-eligible households.
How do I apply for housing at Valley Estates of Mabelvale?+
Valley Estates of Mabelvale 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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