Peachtree Road Highrise

2240 Peachtree Rd NW, Atlanta, Georgia 30309

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Peachtree Road Highrise is managed by The Michaels Organization.

Peachtree Road Apartments are spacious 1 bedroom apartments built for 55 or older and handicapped/disabled persons. This property is the premiere affordable living location in Atlanta. The amenities are endless from the endless apartment amenities to the weekly resident activities, fitness classes, and computer classes. The friendly staff and constant community interaction will keep you continuously entertained.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 556 Call for Price

Eligibility for Peachtree Road Highrise

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Atlanta but actual income limits may differ for units at Peachtree Road Highrise.

AMI Band 1 Person 2 Person
30% $21,500 $24,550
50% $35,750 $40,850
80% $57,200 $65,350

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 Atlanta but actual income limits may differ for units at Peachtree Road Highrise.

AMI Band 1 Person 2 Person
Very Low Income (50%) $35,750 $40,850
Low Income (60%) $42,900 $49,020

Peachtree Road Highrise Details

  • 196 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Rental Assistance Demonstration (RAD)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Computer Lab
  • Community Room
  • Resident Service Coordinator
  • Surveillance Cameras
  • Laundry Facilities
  • Game Room

Unit Amenities

  • Ceiling Fan(s)
  • Utilities Included
  • Walk-in Closet(s)
  • Storage
  • vertical blinds
  • Fully Equipped Kitchen

Nearby Amenities

  • Near Hospital

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
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.

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.

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