Cherry Lane Apartments

102 W Cherry Ln, State College, Pennsylvania 16803

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Cherry Lane Apartments is managed by Professional Management, Inc. (PMI).

Cherry Lane Apartments offers affordable 1-bedroom, 2-bedroom and 3-bedroom floor plans. Each unit features energy efficient appliances, in-unit washer & dryer, and water/sewer/trash included in rent. Property amenities include a community room, fitness center, and resident library. Cherry Lane is conveniently located near many shops, restaurants, grocery stores, pharmacies, and public transportation. Penn State, Tom Tudek Memorial Park, Discovery Space of Central PA, are all close to the community.  

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/2) - Call for Price

Eligibility for Cherry Lane 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 State College but actual income limits may differ for units at Cherry Lane Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person
Very Low Income (50%) $36,050 $41,200 $46,350 $51,500 $55,650 $59,750 $63,900
Low Income (60%) $43,260 $49,440 $55,620 $61,800 $66,780 $71,700 $76,680

Cherry Lane Apartments Details

  • 18 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Fitness Center
  • Community Room
  • Library
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • On-Site Recycling

Unit Amenities

  • Central Air
  • Storage
  • Water Trash and Sewer Included
  • Energy Efficient Appliances

Nearby Amenities

  • Close to Public Transportation

Office Hours

Day Hours
Monday Closed
Tuesday 8:00am-5:00pm
Wednesday Closed
Thursday 8:00am-12:00pm
Friday Closed
Saturday Closed
Sunday Closed
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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