418 Cherry St, Kent, OH 44240
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | 720 - 1,050 Sq Ft |
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.
Welcome to Cherry Estates! Enjoy Kent living and the comfort of a friendly environment in this community.
Our spacious 1, 2, and 3 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community features on-site laundry, off street parking, and a park-like setting. Enjoy the benefits of community living with the added perks of being just minutes away from the revitalized downtown Kent. Cherry Estates is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from shopping, fine restaurants, night life, parks, and Kent State University.
Call us or stop by today to see why Cherry Estates should be your new home. We look forward to hearing from you!
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. 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. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Cherry Estates is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 720ft2 | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | 915ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/1.5) | 1050ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,250 / year | $20,850 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $30,400 / year | $34,750 / year | $39,100 / year | $43,400 / year | $46,900 / year | $50,350 / year |
| 50% AMI for PBRA Units | $30,400 / year | $34,750 / year | $39,100 / year | $43,400 / year | $46,900 / year | $50,350 / year |
| 80% AMI for PBRA Units | $48,650 / year | $55,600 / year | $62,550 / year | $69,450 / year | $75,050 / year | $80,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cherry Estates have a waiting list?
Cherry Estates 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 Cherry Estates?
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.
What property management company manges Cherry Estates?
Cherry Estates is managed by Millennia Housing Management headquartered in Cleveland, Ohio.
In addition to Cherry Estates, how many other affordable housing properties (and units) are there in Kent?
In addition to Cherry Estates, we list 11 other affordable properties in Kent. Learn about these properties here. Our data research shows that there are a total of 1087 affordable units in Kent.
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