Stoneridge Estates

500 Stoneridge Ct, Sparta, Tennessee 38583

Contact Stoneridge Estates

Stoneridge Estates is an income-restricted community that offers apartments for rent in Sparta, Tennessee, conveniently located near shopping and schools. Apartments are available in 2- and 3-bedroom floor plans, each equipped with central heat & air, washer/dryer connections, a private patio or balcony, range, dishwasher, microwave, disposal, and refrigerator. Tenants pay for electricity, water is covered by the property.

Relax and enjoy the playground area and Gazebos on the property. The property includes a Community Building with a Computer Center and Laundry room. The Mail Center also has a Covered Bus Stop Shelter.

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

Eligibility for Stoneridge Estates

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 Sparta but actual income limits may differ for units at Stoneridge Estates.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$23,400	$26,750	$30,100	$33,400	$36,100	$38,750
Low Income (60%)	$28,080	$32,100	$36,120	$40,080	$43,320	$46,500

Stoneridge Estates Details

48 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Community Room
Gazebo
Community Kitchen
Package Lockers

Unit Amenities

Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Refrigerator
Oven and Range
Private Patio and Balcony

Office Hours

Day	Hours
Monday	9:00am-3:00pm
Tuesday	9:00am-3:00pm
Wednesday	9:00am-3:00pm
Thursday	9:00am-3:00pm

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.