About This Property
Shady Grove III is a 20-unit apartment community in Selbyville, Delaware that has been in service since 2001. The property contains all one-bedroom units. This Sussex County development is managed locally and serves the Selbyville area.
Property Details
Fair Market Rent - Sussex County, DE
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $909 |
| 1 Bedroom | $988 |
| 2 Bedroom | $1,298 |
| 3 Bedroom | $1,656 |
| 4 Bedroom | $2,037 |
Income Limits - Sussex County, DE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Selbyville, DE?+
The Fair Market Rent (FMR) for Sussex County, DE is: $909 (Studio), $988 (1BR), $1298 (2BR), $1656 (3BR), $2037 (4BR). Actual rent at subsidized properties like Shady Grove Iii is typically 30% of household income or less.
What size apartments are available at Shady Grove Iii?+
Shady Grove Iii offers the following unit types: 20 One-Bedroom units, for a total of 20 units.
How do I apply for housing at Shady Grove Iii?+
Shady Grove Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What are the income limits for affordable housing in Sussex County, DE?+
For a 4-person household in Sussex County, DE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Selbyville, DE?+
Based on Fair Market Rent for Sussex County, the estimated price range is: 1-bedroom: $988. Actual rent at Shady Grove Iii may be lower for income-eligible households.
Who manages Shady Grove Iii?+
Shady Grove Iii is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
More Affordable Housing Near Shady Grove Iii
Millsboro Village
Millsboro, DE
50 Units
Selbyville
Selbyville, DE
2 UnitsBrandywine Station Apartments
Millsboro, DE
56 UnitsDecatur Apts Iii
Berlin, MD
28 UnitsOld Landing Apartments Ii
Millsboro, DE
30 UnitsShady Grove Iii
Selbyville, DE
20 Units