About This Property
Pleasant Valley Apartments contains 33 low-income residential units in Lynchburg, Tennessee, consisting of 26 one-bedroom and 7 two-bedroom units. The property has been in service since 1993 and is financed through 4% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Moore 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 | $704 |
| 1 Bedroom | $709 |
| 2 Bedroom | $887 |
| 3 Bedroom | $1,146 |
| 4 Bedroom | $1,245 |
Income Limits - Moore County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lynchburg, TN?+
The Fair Market Rent (FMR) for Moore County, TN is: $704 (Studio), $709 (1BR), $887 (2BR), $1146 (3BR), $1245 (4BR). Actual rent at subsidized properties like Pleasant Valley Apaartments is typically 30% of household income or less.
What size apartments are available at Pleasant Valley Apaartments?+
Pleasant Valley Apaartments offers the following unit types: 26 One-Bedroom, 7 Two-Bedroom units, for a total of 33 units.
Who manages Pleasant Valley Apaartments?+
Pleasant Valley Apaartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Pleasant Valley Apaartments?+
Pleasant Valley Apaartments 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 Moore County, TN?+
For a 4-person household in Moore County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Lynchburg, TN?+
Based on Fair Market Rent for Moore County, the estimated price range is: 1-bedroom: $709, 2-bedroom: $887. Actual rent at Pleasant Valley Apaartments may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
