1032 N Cooper St, Monticello, AR 71655
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Since Pilgrim Rest Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $38,850 / year | $41,500 / year | $44,200 / year |
| 50% AMI for LIHTC Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,450 / year | $36,150 / year | $38,850 / year | $41,500 / year | $44,200 / year |
| 50% AMI for PBRA Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,450 / year | $36,150 / year | $38,850 / year | $41,500 / year | $44,200 / year |
| 80% AMI for PBRA Units | $37,450 / year | $42,800 / year | $48,150 / year | $53,500 / year | $57,800 / year | $62,100 / year | $66,350 / year | $70,650 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pilgrim Rest Apartments have a waiting list?
Pilgrim Rest Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Pilgrim Rest Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Pilgrim Rest Apartments, how many other affordable housing properties (and units) are there in Monticello?
In addition to Pilgrim Rest Apartments, we list 12 other affordable properties in Monticello. Learn about these properties here. Our data research shows that there are a total of 472 affordable units in Monticello.
130 W Oakland Ave, Monticello, Arkansas 71655
315 W Jackson Ave, Monticello, Arkansas 71655
839 S Gabbert St, Monticello, Arkansas 71655
206 E Gaines St, Monticello, Arkansas 71655
415 W Conrad Ave, Monticello, Arkansas 71655
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."