About This Property
Zion Way Apts. comprises 22 units in Richfield, Utah, with 21 designated as low-income housing. The property has been in service since 2000 and includes 15 two-bedroom units, utilizing 4% Low-Income Housing Tax Credits to support affordability.
Property Details
Fair Market Rent - Sevier County, UT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $632 |
| 1 Bedroom | $718 |
| 2 Bedroom | $926 |
| 3 Bedroom | $1,201 |
| 4 Bedroom | $1,511 |
Income Limits - Sevier County, UT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Richfield, UT?+
The Fair Market Rent (FMR) for Sevier County, UT is: $632 (Studio), $718 (1BR), $926 (2BR), $1201 (3BR), $1511 (4BR). Actual rent at subsidized properties like Zion Way Apts. is typically 30% of household income or less.
What size apartments are available at Zion Way Apts.?+
Zion Way Apts. offers the following unit types: 15 Two-Bedroom units, for a total of 22 units.
Who manages Zion Way Apts.?+
Zion Way Apts. is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Zion Way Apts.?+
Zion Way Apts. primarily serves Handicapped/ADA. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Zion Way Apts.?+
Zion Way 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.
What are the income limits for affordable housing in Sevier County, UT?+
For a 4-person household in Sevier County, UT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Richfield, UT?+
Based on Fair Market Rent for Sevier County, the estimated price range is: 2-bedroom: $926. Actual rent at Zion Way Apts. may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.