Chapel Ridge - Marion

1 Chapel Ridge Circle , Marion, IA 52302

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Rachel Overby
Rent Beds Baths SqFt
$625 - 795 per Month 1 - 4 Beds 1 - 2 Baths -
check_circle  Pets Allowed
check_circle  Market Rate

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.

Discover the finest apartments in Marion, Iowa at Chapel Ridge of Marion. With an incredible central location, top-notch amenities, and five-star service, our community provides a welcoming, accommodating atmosphere. You'll love to come home to our well-kept landscaped grounds that feature a dazzling outdoor swimming pool, a family-friendly playground, and a beautiful, modern clubhouse for you to enjoy at your convenience. There's no end to the comforts of home when you're a resident of Chapel Ridge of Marion where each of our one, two, three, and four-bedroom apartment homes come standard with the most sought-after features! Live the lifestyle you've been dreaming of at Chapel Ridge of Marion where your dream home awaits!

Dave's Thoughts On Chapel Ridge - Marion

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 Chapel Ridge - Marion 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Chapel Ridge - Marion Amenities

  • Playground
  • Walk-in Closet(s)
  • On-Site Maintenance
  • Swimming pool

Units at Chapel Ridge - Marion

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - $625
2 Bedroom (2/2) - $695
3 Bedroom (3/2) - $795
4 Bedroom (4/2) - Call for Price

Income Qualification for Chapel Ridge - Marion

*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 7 people 8 people
50% AMI for LIHTC Units $33,150 / year $37,850 / year $42,600 / year $47,300 / year $51,100 / year $54,900 / year $58,700 / year $62,450 / year
50% AMI for PBRA Units $33,150 / year $37,850 / year $42,600 / year $47,300 / year $51,100 / year $54,900 / year $58,700 / year $62,450 / year
60% AMI for LIHTC Units $39,780 / year $45,420 / year $51,120 / year $56,760 / year $61,320 / year $65,880 / year $70,440 / year $74,940 / year

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

FAQs for Chapel Ridge - Marion

Does Chapel Ridge - Marion have a waiting list?

Chapel Ridge - Marion 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 Chapel Ridge - Marion?

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 Chapel Ridge - Marion?

Chapel Ridge - Marion is managed by Seldin Company headquartered in Omaha , Nebraska.

In addition to Chapel Ridge - Marion, how many other affordable housing properties (and units) are there in Marion?

In addition to Chapel Ridge - Marion, we list 33 other affordable properties in Marion. Learn about these properties here. Our data research shows that there are a total of 416 affordable units in Marion.

Listings Near Chapel Ridge - Marion

Moundview Manor

2501 Highway 13, Marion, Iowa 52302

payment Subsidized
elderly Senior
accessibility Accessible

Trinity Pointe

2175 Bison Court, Marion, Iowa 52302

payment Subsidized
elderly Senior
accessibility Accessible

Scott Meadows

5960 East Kacena Avenue, Marion, Iowa 52302

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Oak Village Senior Residences

101 S 11th St, Marion, Iowa 52302

payment Subsidized

The Arbor at Lindale Trail

1362 Blairs Ferry Rd, Marion, Iowa 52302

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Blairs Ferry Senior Apartments

830 Blairs Ferry Rd, Marion, Iowa

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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