3907 James Rd, Memphis, TN 38128
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | - |
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.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Efficiency (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| 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.
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.
When was the Luther Terrace listing last updated?
Luther Terrace listing on Affordable Housing Online was last updated on 06/13/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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