Summit Park Apartments

1770 Piping Rock Drive, Memphis, Tennessee 38116

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Message Summit Park Apartments

Summit Park Apartments is an affordable community offering one, two, three, and four bedroom units. Some of the amenities include a 24/7 laundry facility, a playground, and is gated. The community is also close to libraries, shopping, and restaurants. For more information, please contact their management office.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - From $650
Two Bedroom (2/1) - From $750
Three Bedroom (3/1) - From $900
Four Bedrooms (4/2) - From $1,150

Eligibility for Summit Park Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Memphis but actual income limits may differ for units at Summit Park Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,350 $32,400 $36,450 $40,500 $43,750 $47,000 $50,250 $53,500
Low Income (60%) $34,020 $38,880 $43,740 $48,600 $52,500 $56,400 $60,300 $64,200

Summit Park Apartments Details

  • 402 one, two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Gated Community
  • Laundry Facility

Nearby Amenities

  • Close to Dining
  • Close to Shopping

Office Hours

Day Hours
Monday 9:00am-4:30pm
Tuesday 9:00am-4:30pm
Wednesday 9:00am-4:30pm
Thursday 9:00am-4:30pm
Friday 9:00am-4:30pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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