About This Property
Cherokee Summit offers 272 units across a mix of one-, two-, and three-bedroom floor plans in Acworth, Georgia. The community has been in service since 2001 and includes 50 one-bedroom units, 180 two-bedroom units, and 40 three-bedroom units. The property serves the Cherokee County area and accepts inquiries for residency.
Property Details
Fair Market Rent - Cherokee County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,599 |
| 1 Bedroom | $1,643 |
| 2 Bedroom | $1,844 |
| 3 Bedroom | $2,230 |
| 4 Bedroom | $2,707 |
Income Limits - Cherokee County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,300
- Extremely Low (30%)
- $20,700
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $23,300
- Very Low (50%)
- $38,800
- Low (80%)
- $62,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,550
- Low (80%)
- $74,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,000
- Low (80%)
- $80,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,450
- Low (80%)
- $85,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,900
- Low (80%)
- $91,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,100 | $30,200 | $48,300 |
| 2 Persons | $20,700 | $34,500 | $55,200 |
| 3 Persons | $23,300 | $38,800 | $62,100 |
| 4 Persons | $26,500 | $43,100 | $68,950 |
| 5 Persons | $31,040 | $46,550 | $74,500 |
| 6 Persons | $35,580 | $50,000 | $80,000 |
| 7 Persons | $40,120 | $53,450 | $85,500 |
| 8 Persons | $44,660 | $56,900 | $91,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Acworth, GA?+
The Fair Market Rent (FMR) for Cherokee County, GA is: $1599 (Studio), $1643 (1BR), $1844 (2BR), $2230 (3BR), $2707 (4BR). Actual rent at subsidized properties like Cherokee Summit is typically 30% of household income or less.
What size apartments are available at Cherokee Summit?+
Cherokee Summit offers the following unit types: 50 One-Bedroom, 180 Two-Bedroom, 40 Three-Bedroom units, for a total of 272 units.
What is the price range for apartments in Acworth, GA?+
Based on Fair Market Rent for Cherokee County, the estimated price range is: 1-bedroom: $1643, 2-bedroom: $1844, 3-bedroom: $2230. Actual rent at Cherokee Summit may be lower for income-eligible households.
How do I apply for housing at Cherokee Summit?+
Cherokee Summit 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.
What are the income limits for affordable housing in Cherokee County, GA?+
For a 4-person household in Cherokee County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,100, Low Income (80% AMI): $68,950. These limits are set by HUD and updated annually.
Who manages Cherokee Summit?+
Cherokee Summit is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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