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An extensive list of coronavirus resources for low-income households can be found here.

Rancho Del Sol Apartments

11039 N 87th Ave, Peoria, Arizona 85345

Come home to Rancho Del Sol Townhomes, located in beautiful Peoria, Arizona, offering affordable spacious two, three, and four bedroom townhomes. Living at Rancho Del Sol will award you with both affordability and convenience. You’ll be proud to call Rancho Del Sol “home” at our beautiful, affordable housing community. Call us today to learn more or to schedule a tour.

 

Contact Rancho Del Sol Apartments

Message Rancho Del Sol Apartments

Waiting List is Open Now

Currently accepting applications for the waiting list. Length of list is 3-4 months. Before being placed on the waiting list, you must complete an in person qualification interview with the leasing office.

Last updated on October 19th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2.5) 1,119 $819
3 Bedroom (3/2.5) 1,190 $934
4 Bedroom (4/3.5) 1,295 $1,008

Rancho Del Sol Apartments Details

  • 152 two, three and four bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • On-Site Management
  • Online Payments Accepted
  • Pest Control
  • Pet Friendly
  • Friendly Management

Unit Amenities

  • Spacious Closets
  • Water Trash and Sewer Included
  • Central Heat & Air
  • Private Patio/Balcony
  • Outside Storage Closets

Office Hours

Day Hours
Monday 8:00am-6:00pm
Tuesday 8:00am-6:00pm
Wednesday 8:00am-6:00pm
Thursday 8:00am-6:00pm
Friday 8:00am-6:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Peoria Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Peoria but actual income limits may differ for units at Rancho Del Sol Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,250 $31,150 $35,050 $38,900 $42,050 $45,150 $48,250 $51,350
Low Income (60%) $32,700 $37,380 $42,060 $46,680 $50,460 $54,180 $57,900 $61,620

Rancho Del Sol Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Rancho Del Sol Apartments is managed by Aspen Square Management.

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Image of Rancho Del Sol Apartments
Image of Rancho Del Sol Apartments
Image of Rancho Del Sol Apartments
Image of Rancho Del Sol Apartments