About This Property
Parker Estates offers 32 units in Vardaman, Mississippi, with 31 units designated for low-income residents. The property includes a mix of floor plans: four 1-bedroom units, twenty-four 2-bedroom units, and four 3-bedroom units. Built in 2002, the property is financed through 4% Low-Income Housing Tax Credits and is professionally managed.
Property Details
Fair Market Rent - Calhoun County, MS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,248 |
| 4 Bedroom | $1,437 |
Income Limits - Calhoun County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,600
- Low (80%)
- $29,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,250
- Low (80%)
- $34,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $30,800
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,600 | $29,750 |
| 2 Persons | $17,420 | $21,250 | $34,000 |
| 3 Persons | $21,960 | $23,900 | $38,250 |
| 4 Persons | $26,500 | $26,550 | $42,500 |
| 5 Persons | $28,700 | $28,700 | $45,900 |
| 6 Persons | $30,800 | $30,800 | $49,300 |
| 7 Persons | $32,950 | $32,950 | $52,700 |
| 8 Persons | $35,050 | $35,050 | $56,100 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vardaman, MS?+
The Fair Market Rent (FMR) for Calhoun County, MS is: $683 (Studio), $687 (1BR), $903 (2BR), $1248 (3BR), $1437 (4BR). Actual rent at subsidized properties like Parker Estates is typically 30% of household income or less.
What size apartments are available at Parker Estates?+
Parker Estates offers the following unit types: 4 One-Bedroom, 24 Two-Bedroom, 4 Three-Bedroom units, for a total of 32 units.
Who manages Parker Estates?+
Parker Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Parker Estates?+
Parker Estates 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 is the price range for apartments in Vardaman, MS?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $903, 3-bedroom: $1248. Actual rent at Parker Estates may be lower for income-eligible households.
What are the income limits for affordable housing in Calhoun County, MS?+
For a 4-person household in Calhoun County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,550, Low Income (80% AMI): $42,500. These limits are set by HUD and updated annually.
Who is eligible to live at Parker Estates?+
Parker Estates primarily serves SINGLE-PARENT FAMILIES. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.