About This Property
Highland Rim Apts II comprises 24 low-income rental units in Ardmore, Tennessee, with eight one-bedroom and sixteen two-bedroom floor plans. The property has been in service since 1990 and operates under 4% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Giles County, TN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $739 |
| 1 Bedroom | $759 |
| 2 Bedroom | $900 |
| 3 Bedroom | $1,106 |
| 4 Bedroom | $1,480 |
Income Limits - Giles County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,050
- Low (80%)
- $33,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,500
- Low (80%)
- $51,950
- Extremely Low (30%)
- $34,900
- Very Low (50%)
- $34,900
- Low (80%)
- $55,800
- Extremely Low (30%)
- $37,300
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $39,700
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,050 | $33,700 |
| 2 Persons | $17,420 | $24,050 | $38,500 |
| 3 Persons | $21,960 | $27,050 | $43,300 |
| 4 Persons | $26,500 | $30,050 | $48,100 |
| 5 Persons | $31,040 | $32,500 | $51,950 |
| 6 Persons | $34,900 | $34,900 | $55,800 |
| 7 Persons | $37,300 | $37,300 | $59,650 |
| 8 Persons | $39,700 | $39,700 | $63,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ardmore, TN?+
The Fair Market Rent (FMR) for Giles County, TN is: $739 (Studio), $759 (1BR), $900 (2BR), $1106 (3BR), $1480 (4BR). Actual rent at subsidized properties like Highland Rim Apts Ii is typically 30% of household income or less.
What size apartments are available at Highland Rim Apts Ii?+
Highland Rim Apts Ii offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who manages Highland Rim Apts Ii?+
Highland Rim Apts Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Ardmore, TN?+
Based on Fair Market Rent for Giles County, the estimated price range is: 1-bedroom: $759, 2-bedroom: $900. Actual rent at Highland Rim Apts Ii may be lower for income-eligible households.
How do I apply for housing at Highland Rim Apts Ii?+
Highland Rim Apts Ii 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 Giles County, TN?+
For a 4-person household in Giles County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,050, Low Income (80% AMI): $48,100. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
