Luther Terrace

3907 James Rd, Memphis, TN 38128

check_circleVerified for 2023 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 1 Bed	1 Bath	-

Call (901) 388-8702 Email

Luther Terrace has 29 one bedroom apartments and 10 efficiency apartments.

There is an on-site Care Manager to assist residents in locating available city, county, and state services to meet their needs.

Luther Terrace Amenities

Controlled Access
Fitness Center
Computer Lab
Handicapped Accessible
Utilities Included
Resident Service Coordinator
Energy Efficient Design
On-Site Social Services
Surveillance Cameras
Fully Equipped Kitchen
Smoke Free
Community Center
On-Site Laundry

Units at Luther Terrace

Unit (Bd/Ba)	Ft²	Rent
Efficiency (Studio/1)	-	Call for Price^†
One Bedroom (1/1)	-	Call for Price^†

Income Qualification for Luther Terrace

*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
30% AMI for PBRA Units	$17,050 / year	$19,720 / year	$24,860 / year	$30,000 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$28,350 / year	$32,400 / year	$36,450 / year	$40,500 / year	$43,750 / year	$47,000 / year	$50,250 / year	$53,500 / year
50% AMI for PBRA Units	$28,350 / year	$32,400 / year	$36,450 / year	$40,500 / year	$43,750 / year	$47,000 / year	$50,250 / year	$53,500 / year
80% AMI for PBRA Units	$45,400 / year	$51,850 / year	$58,350 / year	$64,800 / year	$70,000 / year	$75,200 / year	$80,400 / year	$85,550 / year

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

FAQs for Luther Terrace

What property management company manges Luther Terrace?

Luther Terrace is managed by Wesley Living headquartered in Cordova, TN.

In addition to Luther Terrace, how many other affordable housing properties (and units) are there in Memphis?

In addition to Luther Terrace, we list 204 other affordable properties in Memphis. Learn about these properties here. Our data research shows that there are a total of 21450 affordable units in Memphis.