About This Property
Gateway Apts At Goodman Road is a 168-unit multifamily property in Horn Lake, MS that offers affordable housing to families through 165 low-income units. The community features a mix of one-, two-, and three-bedroom floor plans, with 24 one-bedroom, 104 two-bedroom, and 40 three-bedroom units. The property has been in service since 1995 and participates in the 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Desoto 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 | $1,031 |
| 1 Bedroom | $1,146 |
| 2 Bedroom | $1,298 |
| 3 Bedroom | $1,711 |
| 4 Bedroom | $1,995 |
Income Limits - Desoto County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Horn Lake, MS?+
The Fair Market Rent (FMR) for Desoto County, MS is: $1031 (Studio), $1146 (1BR), $1298 (2BR), $1711 (3BR), $1995 (4BR). Actual rent at subsidized properties like Gateway Apts At Goodman Road is typically 30% of household income or less.
What size apartments are available at Gateway Apts At Goodman Road?+
Gateway Apts At Goodman Road offers the following unit types: 24 One-Bedroom, 104 Two-Bedroom, 40 Three-Bedroom units, for a total of 168 units.
What is the price range for apartments in Horn Lake, MS?+
Based on Fair Market Rent for Desoto County, the estimated price range is: 1-bedroom: $1146, 2-bedroom: $1298, 3-bedroom: $1711. Actual rent at Gateway Apts At Goodman Road may be lower for income-eligible households.
Who manages Gateway Apts At Goodman Road?+
Gateway Apts At Goodman Road is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Gateway Apts At Goodman Road?+
Gateway Apts At Goodman Road 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.
Who is eligible to live at Gateway Apts At Goodman Road?+
Gateway Apts At Goodman Road primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Desoto County, MS?+
For a 4-person household in Desoto County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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