Valley View Apartments

427 Ashton Pl NE, Cedar Rapids, Iowa 52402

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Conveniently located near I-380, I-100, and Blairs Ferry Road, Valley View Apartments offers accommodating 1, 2 and 3 bedroom apartments for rent in Cedar Rapids, IA. Each floorplan is pet-friendly, and includes, vaulted ceilings, air conditioning, walk-in closets, and a patio or balcony. Residents can enjoy exclusive access to onsite amenities, such as laundry facilities. For added convenience, heat is included, and 24-hour emergency service is available.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	568	Income Based
2 Bedroom (2/1)	750	Income Based
3 Bedroom (3/2)	1008	Income Based

Two Bedroom, Three Bedroom is Open Now

Last updated on November 14th, 2017

Eligibility for Valley View 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 Cedar Rapids but actual income limits may differ for units at Valley View Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$33,150	$37,850	$42,600	$47,300	$51,100	$54,900
Low Income (60%)	$39,780	$45,420	$51,120	$56,760	$61,320	$65,880

Valley View Apartments Details

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

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.