Affordable Housing Hub
Low Income (LIHTC)

Cranford Apts

740 Cranford Ave, Bronx, NY, 10470

Information verified April 18, 2026ยทWe re-check waiting list status daily

Default photo for Cranford Apts
Example Photo
Share

About This Property

Cranford Apts comprises 56 units in the Bronx, with 55 designated as low-income housing that serves elderly residents. The property, placed in service in 1998, includes 1 studio, 52 one-bedroom, and 2 two-bedroom units and benefits from 9% Low-Income Housing Tax Credit financing. Management and contact information are available upon request.

Property Details

Total Units
56
Studio
1
1 Bedroom
52
2 Bedroom
2

Fair Market Rent - Bronx County, NY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,386
1 Bedroom$2,451
2 Bedroom$2,752
3 Bedroom$3,434
4 Bedroom$3,700

Income Limits - Bronx County, NY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$25,100
Very Low (50%)
$41,800
Low (80%)
$66,850
2 Persons
Extremely Low (30%)
$28,650
Very Low (50%)
$47,750
Low (80%)
$76,400
3 Persons
Extremely Low (30%)
$32,250
Very Low (50%)
$53,700
Low (80%)
$85,950
4 Persons
Extremely Low (30%)
$35,800
Very Low (50%)
$59,650
Low (80%)
$95,450
5 Persons
Extremely Low (30%)
$38,700
Very Low (50%)
$64,450
Low (80%)
$103,100
6 Persons
Extremely Low (30%)
$41,550
Very Low (50%)
$69,200
Low (80%)
$110,750
7 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
8 Persons
Extremely Low (30%)
$47,300
Very Low (50%)
$78,750
Low (80%)
$126,000

Tax Credit Program Details

Year Placed in Service
1998
LIHTC Credit Type
9%
Low-Income Units
55 / 56
Target Population
Elderly

Frequently Asked Questions

What is the average rent for affordable housing in Bronx, NY?+

The Fair Market Rent (FMR) for Bronx County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Cranford Apts is typically 30% of household income or less.

What size apartments are available at Cranford Apts?+

Cranford Apts offers the following unit types: 1 Studio, 52 One-Bedroom, 2 Two-Bedroom units, for a total of 56 units.

How do I apply for housing at Cranford Apts?+

Cranford Apts 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 manages Cranford Apts?+

Cranford Apts is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Cranford Apts?+

Cranford Apts primarily serves elderly residents. 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 Bronx County, NY?+

For a 4-person household in Bronx County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.

What is the price range for apartments in Bronx, NY?+

Based on Fair Market Rent for Bronx County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752. Actual rent at Cranford Apts may be lower for income-eligible households.

Begin Application Now

Contact Information

Walk Score

Very Walkable

82
Walk
87
Transit
56
Bike

Nearby Schools

7,8,9,10,11,12,UG
PK,KG,1,2,3,4,5,6
3
0.4 mi
9,10,11,12,UG
KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Bronx County, NY

View on Google Maps

More Affordable Housing Near Cranford Apts

Housing Resources in Bronx, NY

HUD-Approved Counseling Agencies

NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY BRONX BRANCH

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

THE BRONX NEIGHBORHOOD HOUSING SERVICES CDC, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops