About This Property
Country Estates offers 24 low-income units in Farmville, Virginia, comprising twelve 1-bedroom and twelve 2-bedroom apartments designed to serve families. The property has been in service since 1999 and operates under 9% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Prince Edward County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $856 |
| 1 Bedroom | $880 |
| 2 Bedroom | $1,048 |
| 3 Bedroom | $1,267 |
| 4 Bedroom | $1,396 |
Income Limits - Prince Edward County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,300
- Very Low (50%)
- $22,200
- Low (80%)
- $35,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,350
- Very Low (50%)
- $39,350
- Low (80%)
- $62,900
- Extremely Low (30%)
- $41,850
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,300 | $22,200 | $35,500 |
| 2 Persons | $17,420 | $25,400 | $40,600 |
| 3 Persons | $21,960 | $28,550 | $45,650 |
| 4 Persons | $26,500 | $31,700 | $50,700 |
| 5 Persons | $31,040 | $34,250 | $54,800 |
| 6 Persons | $35,580 | $36,800 | $58,850 |
| 7 Persons | $39,350 | $39,350 | $62,900 |
| 8 Persons | $41,850 | $41,850 | $66,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farmville, VA?+
The Fair Market Rent (FMR) for Prince Edward County, VA is: $856 (Studio), $880 (1BR), $1048 (2BR), $1267 (3BR), $1396 (4BR). Actual rent at subsidized properties like Country Estates is typically 30% of household income or less.
What size apartments are available at Country Estates?+
Country Estates offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at Country Estates?+
Country Estates 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 Prince Edward County, VA?+
For a 4-person household in Prince Edward County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,700, Low Income (80% AMI): $50,700. These limits are set by HUD and updated annually.
How do I apply for housing at Country Estates?+
Country Estates 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 is the price range for apartments in Farmville, VA?+
Based on Fair Market Rent for Prince Edward County, the estimated price range is: 1-bedroom: $880, 2-bedroom: $1048. Actual rent at Country Estates may be lower for income-eligible households.
Who manages Country Estates?+
Country Estates is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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