Park Terrace

1120 Park Ave, Norfolk, VA 49855

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	2 - 3 Beds	1 - 2 Baths	840 - 1,071 Sq Ft

Call (757) 624-8613 Email

Park Terrace Amenities

All Appliances included
Washer and Dryer Hookup
Cable Ready
Sewer Included
Water Included
Balconies or Patios Available
Near Bus Line
Smoke Free
High Speed Internet Access

Units at Park Terrace

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	840ft²	Call for Price^†
3 Bedroom (3/2)	1071ft²	Call for Price^†

Income Qualification for Park 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
30% AMI for PBRA Units	$20,800 / year	$23,800 / year	$26,750 / year	$30,000 / year	$35,140 / year	$40,280 / year
50% AMI for LIHTC Units	$34,650 / year	$39,600 / year	$44,550 / year	$49,500 / year	$53,500 / year	$57,450 / year
50% AMI for PBRA Units	$34,650 / year	$39,600 / year	$44,550 / year	$49,500 / year	$53,500 / year	$57,450 / year
80% AMI for PBRA Units	$55,450 / year	$63,400 / year	$71,300 / year	$79,200 / year	$85,550 / year	$91,900 / year

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

FAQs for Park Terrace

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

In addition to Park Terrace, we list 69 other affordable properties in Norfolk. Learn about these properties here. Our data research shows that there are a total of 7988 affordable units in Norfolk.