Valley View Apartments

427 Ashton Pl NE, Cedar Rapids, IA 52402

Waiting List Forecast: Likely Short or None

check_circleVerified for 2017 by Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 - 2 Baths	568 - 1,008 Sq Ft

Call (319) 409-5557 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.

Conveniently located near I-380, I-100, and Blairs Ferry Road, Valley View Apartments offers accommodating 1, 2 and 3 bedroom apartments for rent in Cedar Rapids, IA. Each floorplan is pet-friendly, and includes, vaulted ceilings, air conditioning, walk-in closets, and a patio or balcony. Residents can enjoy exclusive access to onsite amenities, such as laundry facilities. For added convenience, heat is included, and 24-hour emergency service is available.

Dave's Thoughts On Valley View Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Valley View Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Units at Valley View Apartments

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	568ft²	Rent is Based On Your Income^†
2 Bedroom (2/1)	750ft²	Rent is Based On Your Income^†
3 Bedroom (3/2)	1008ft²	Rent is Based On Your Income^†

Income Qualification for Valley View Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$33,150 / year	$37,850 / year	$42,600 / year	$47,300 / year	$51,100 / year	$54,900 / year
50% AMI for PBRA Units	$33,150 / year	$37,850 / year	$42,600 / year	$47,300 / year	$51,100 / year	$54,900 / year
60% AMI for LIHTC Units	$39,780 / year	$45,420 / year	$51,120 / year	$56,760 / year	$61,320 / year	$65,880 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Valley View Apartments

Does Valley View Apartments have a waiting list?

Valley View Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Valley View Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Valley View Apartments?

Valley View Apartments is managed by ARTISAN Management Group headquartered in Des Moines, IA.

In addition to Valley View Apartments, how many other affordable housing properties (and units) are there in Cedar Rapids?

In addition to Valley View Apartments, we list 95 other affordable properties in Cedar Rapids. Learn about these properties here. Our data research shows that there are a total of 3145 affordable units in Cedar Rapids.