Palmer's Creek

9009 Jefferson Davis Highway, Fredericksburg, VA 22407

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Lorena Bentley

Rent	Beds	Baths	SqFt
$1,249 - 1,794 per Month^†	1 - 3 Beds	1 - 2 Baths	707 - 1,305 Sq Ft

This property is currently under construction.

currently still under construction but leasing soon

Welcome to the brand-new Palmer’s Creek Apartments. This luxe & sophisticated community is easily becoming one of the most sought-after places to live in Spotsylvania County, Va. Palmer’s Creek features spacious 1- 2- & 3-bedroom luxury apartment homes with modern touches and exquisite finishes. You’ll will find yourself surrounded by unparalleled amenities such as an upscale fitness center, resort style pool, and entertaining media room. This pet-friendly community welcomes you to the lifestyle you deserve. Don’t miss out on your perfect home, schedule a tour today!

Dave's Thoughts On Palmer's Creek

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 Palmer's Creek 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 Layfield, Founder of Affordable Housing Online

Palmer's Creek Amenities

Fitness Center
Playground
Business Center
Clubhouse
Pool
Off-Street Parking
Walk-in Closet(s)
Community Media Center
Outings events & activities
High Speed Internet Access
Laundry Facility
Private Patio and Balcony

Units at Palmer's Creek

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	707ft²	$1,249 $1,298^†
2 Bedroom (2/2)	950ft²	$1,550 $1,555^†
3 Bedroom (3/2)	1305ft²	$1,794^†

Income Qualification for Palmer's Creek

*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
50% AMI for LIHTC Units	$52,750 / year	$60,300 / year	$67,850 / year	$75,350 / year	$81,400 / year	$87,450 / year
50% AMI for PBRA Units	$52,750 / year	$60,300 / year	$67,850 / year	$75,350 / year	$81,400 / year	$87,450 / year
60% AMI for LIHTC Units	$63,300 / year	$72,360 / year	$81,420 / year	$90,420 / year	$97,680 / year	$104,940 / year

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

FAQs for Palmer's Creek

Does Palmer's Creek have a waiting list?

Palmer's Creek 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 Palmer's Creek?

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 Palmer's Creek?

Palmer's Creek is managed by Bonaventure Property Management headquartered in Alexandria, VA.

In addition to Palmer's Creek, how many other affordable housing properties (and units) are there in Fredericksburg?

In addition to Palmer's Creek, we list 78 other affordable properties in Fredericksburg. Learn about these properties here. Our data research shows that there are a total of 4218 affordable units in Fredericksburg.